Stock Track | Block, Inc. Soars 8.73% After-Hours on Q1 Earnings Beat and Raised Full-Year Outlook

Stock Track

May 08

Block, Inc.'s stock surged 8.73% in after-hours trading, following the release of its first-quarter financial results.

The fintech company reported adjusted earnings per share of $0.85 for Q1 2026, significantly exceeding the analyst consensus estimate of $0.68. Adjusted EBITDA came in at $1.0 billion, beating expectations of $947.1 million. The strong performance was attributed to resilient consumer spending and a 27% surge in gross profit, driven by double-digit growth in its Cash App and Square businesses.

Furthermore, Block raised its full-year outlook, now expecting adjusted diluted EPS of $3.85 and gross profit of $12.33 billion for 2026. The company highlighted that AI integration has improved operational efficiency and customer engagement, contributing to the positive results.

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Soars 8.73% After-Hours on Q1 Earnings Beat and Raised Full-Year Outlook\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086803395\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock Track </p>\n<p class=\"h-time\">2026-05-08 04:37</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Block, Inc.'s stock surged 8.73% in after-hours trading, following the release of its first-quarter financial results.</p><p>The fintech company reported adjusted earnings per share of $0.85 for Q1 2026, significantly exceeding the analyst consensus estimate of $0.68. Adjusted EBITDA came in at $1.0 billion, beating expectations of $947.1 million. The strong performance was attributed to resilient consumer spending and a 27% surge in gross profit, driven by double-digit growth in its Cash App and Square businesses.</p><p>Furthermore, Block raised its full-year outlook, now expecting adjusted diluted EPS of $3.85 and gross profit of $12.33 billion for 2026. The company highlighted that AI integration has improved operational efficiency and customer engagement, contributing to the positive results.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"XYZ","symbol_name":"Block, Inc.","start_time":0,"source_url":"","article_id":"1189090327","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1189090327","pubTimestamp":1778186264,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Block, Inc.'s stock surged 8.73% in after-hours trading, following the release of its first-quarter financial results.The fintech company reported adjusted earnings per share of $0.85 for Q1 2026,...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"XYZ":"Block, Inc."},"translate_title":"股票追踪|Block，Inc.盘后飙升8.73%，因第一季度盈利超出预期并上调全年预期","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"XYZ":1},"content_text":"Block, Inc.'s stock surged 8.73% in after-hours trading, following the release of its first-quarter financial results.The fintech company reported adjusted earnings per share of $0.85 for Q1 2026, significantly exceeding the analyst consensus estimate of $0.68. 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