For the quarter ended March 2025, Block (XYZ) reported revenue of $5.77 billion, down 3.1% over the same period last year. EPS came in at $0.56, compared to $0.85 in the year-ago quarter.
The reported revenue represents a surprise of -6.65% over the Zacks Consensus Estimate of $6.18 billion. With the consensus EPS estimate being $0.88, the EPS surprise was -36.36%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Block performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Gross Payment Volume (GPV): $56.80 billion versus $57.92 billion estimated by five analysts on average.
- Gross Payment Volume (GPV) - Square: $54.10 billion versus the four-analyst average estimate of $54.34 billion.
- Gross Payment Volume (GPV) - Cash App: $2.70 billion versus $3.54 billion estimated by four analysts on average.
- Cash App Monthly Transacting Actives: 57 million versus 57.34 million estimated by three analysts on average.
- Revenue- Hardware: $28.69 million compared to the $32.20 million average estimate based on eight analysts. The reported number represents a change of -11.7% year over year.
- Revenue- Subscription and services-based: $1.89 billion versus $1.89 billion estimated by eight analysts on average. Compared to the year-ago quarter, this number represents a +12.4% change.
- Revenue- Transaction-based: $1.55 billion versus $1.58 billion estimated by eight analysts on average. Compared to the year-ago quarter, this number represents a +2.6% change.
- Revenue- Bitcoin: $2.30 billion versus the eight-analyst average estimate of $2.70 billion. The reported number represents a year-over-year change of -15.7%.
- Revenue- Square- Total: $1.85 billion versus the five-analyst average estimate of $1.86 billion. The reported number represents a year-over-year change of +7.1%.
- Revenue- Square- Hardware: $28.52 million compared to the $33.48 million average estimate based on four analysts. The reported number represents a change of -10.4% year over year.
- Revenue- Corporate and Other- Total: $40.62 million versus the four-analyst average estimate of $52.71 million. The reported number represents a year-over-year change of -25%.
- Revenue- Square- Subscription and services-based: $339.15 million versus the four-analyst average estimate of $338.32 million. The reported number represents a year-over-year change of +14.5%.
View all Key Company Metrics for Block here>>>
Shares of Block have returned +1.1% over the past month versus the Zacks S&P 500 composite's -0.7% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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Block, Inc. (XYZ): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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