Block Q4 adjusted EBITDA beats estimates, plans workforce cut

Reuters

Feb 27

<a href="https://laohu8.com/S/XYZ">Block</a> Q4 adjusted EBITDA beats estimates, plans workforce cut

Overview

Fintech firm's Q4 adjusted EPS met analyst expectations
Q4 adjusted EBITDA beat analyst estimates
Company announced workforce reduction plan to cut over 40% of workforce

Outlook

Company said it expects to incur $450 mln to $500 mln in charges connected to workforce reduction plan

Result Drivers

GROSS PROFIT - Gross profit grew 24% to $2.87 bln, driven by a 33% surge in Cash App business

Company press release: ID:nASX22dSJt

Key Details

Metric	Beat/Miss	Actual	Consensus Estimate
Q4 Adjusted EPS	Meet	$0.65	$0.65 (29 Analysts)
Q4 EPS		$0.19
Q4 Adjusted EBITDA	Beat	$930 mln	$915.22 mln (28 Analysts)

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

At the request of the copyright holder, you need to log in to view this content

LOGIN / SIGN UP

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2614191074"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2614191074\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2614191074?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-02-27 06:04","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2614191074","market":"nz","top_or_hot":-1,"title":"Block Q4 adjusted EBITDA beats estimates, plans workforce cut","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title><a href=\"https://laohu8.com/S/XYZ\">Block</a> Q4 adjusted EBITDA beats estimates, plans workforce cut</title></head><body><p><span>Overview</span></p><ul><li><p>Fintech firm's Q4 adjusted EPS met analyst expectations</p></li><li><p>Q4 adjusted EBITDA beat analyst estimates</p></li><li><p>Company announced workforce reduction plan to cut over 40% of workforce</p></li></ul><p><span>Outlook</span></p><ul><li><p>Company said it expects to incur $450 mln to $500 mln in charges connected to workforce reduction plan</p></li></ul><p><span>Result Drivers</span></p><ul><li><p>GROSS PROFIT - Gross profit grew 24% to $2.87 bln, driven by a 33% surge in Cash App business</p></li></ul><p>Company press release: <span>ID:nASX22dSJt</span></p><p><span>Key Details</span></p><table><tbody><tr><td><p><span>Metric</span></p></td><td><p><span>Beat/Miss</span></p></td><td><p><span>Actual</span></p></td><td><p><span>Consensus Estimate</span></p></td></tr><tr><td><p>Q4 Adjusted EPS</p></td><td><p>Meet</p></td><td><p>$0.65</p></td><td><p>$0.65 (29 Analysts)</p></td></tr><tr><td><p>Q4 EPS</p></td><td></td><td><p>$0.19</p></td><td></td></tr><tr><td><p>Q4 Adjusted EBITDA</p></td><td><p>Beat</p></td><td><p>$930 mln</p></td><td><p>$915.22 mln (28 Analysts)</p></td></tr></tbody></table><p>For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.</p><p>(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Block Q4 adjusted EBITDA beats estimates, plans workforce cut</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBlock Q4 adjusted EBITDA beats estimates, plans workforce cut\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2026-02-27 06:04</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title><a href=\"https://laohu8.com/S/XYZ\">Block</a> Q4 adjusted EBITDA beats estimates, plans workforce cut</title></head><body><p><span>Overview</span></p><ul><li><p>Fintech firm's Q4 adjusted EPS met analyst expectations</p></li><li><p>Q4 adjusted EBITDA beat analyst estimates</p></li><li><p>Company announced workforce reduction plan to cut over 40% of workforce</p></li></ul><p><span>Outlook</span></p><ul><li><p>Company said it expects to incur $450 mln to $500 mln in charges connected to workforce reduction plan</p></li></ul><p><span>Result Drivers</span></p><ul><li><p>GROSS PROFIT - Gross profit grew 24% to $2.87 bln, driven by a 33% surge in Cash App business</p></li></ul><p>Company press release: <span>ID:nASX22dSJt</span></p><p><span>Key Details</span></p><table><tbody><tr><td><p><span>Metric</span></p></td><td><p><span>Beat/Miss</span></p></td><td><p><span>Actual</span></p></td><td><p><span>Consensus Estimate</span></p></td></tr><tr><td><p>Q4 Adjusted EPS</p></td><td><p>Meet</p></td><td><p>$0.65</p></td><td><p>$0.65 (29 Analysts)</p></td></tr><tr><td><p>Q4 EPS</p></td><td></td><td><p>$0.19</p></td><td></td></tr><tr><td><p>Q4 Adjusted EBITDA</p></td><td><p>Beat</p></td><td><p>$930 mln</p></td><td><p>$915.22 mln (28 Analysts)</p></td></tr></tbody></table><p>For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.</p><p>(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0106831901.USD","symbol_name":"贝莱德世界金融基金A2","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260226:nL1N3ZM1KN:1","article_id":"2614191074","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2614191074","pubTimestamp":1772143459,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Block Q4 adjusted EBITDA beats estimates, plans workforce cutOverviewFintech firm's Q4 adjusted EPS met analyst expectationsQ4 adjusted EBITDA beat analyst estimatesCompany announced workforce reducti","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU0106831901.USD":"贝莱德世界金融基金A2","LU1668664300.SGD":"Blackrock World Financials A2 SGD-H","LU2211815571.USD":"ALLIANZ POSITIVE CHANGE \"AT\" (USD) ACC","IE00B19Z3B42.SGD":"Legg Mason ClearBridge - Value A Acc SGD","IE0002270589.USD":"LEGG MASON CLEARBRIDGE VALUE \"A\" (USD) INC","LU1861558580.USD":"日兴方舟颠覆性创新基金B","BK4588":"碎股","LU1791807156.HKD":"BGF WORLD FINANCIALS \"A2\" (HKDHDG) ACC","LU1861217088.USD":"贝莱德金融科技A2","BK4227":"交易和支付处理服务","LU1861220207.SGD":"Blackrock FinTech A2 SGD-H","LU2211817866.USD":"Allianz Food Security AT Acc USD","BK4598":"佩洛西持仓","XYZ":"Block, Inc.","LU2360107671.USD":"BGF FINTECH \"A4\" (USD) INC","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","XYZG":"2倍做多XYZ ETF- Leverage Shares","IE00B19Z3581.USD":"Legg Mason ClearBridge - Value A Acc USD","BK4585":"ETF&股票定投概念","IE00BHPRN162.USD":"BNY MELLON BLOCKCHAIN INNOVATION \"B\" (USD) ACC","XYZY":"XYZ期权收益策略ETF-YieldMax"},"translate_title":"Block第四季度调整后EBITDA超出预期，计划裁员","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"XYZ":0.9,"XYZG":0.6,"XYZY":0.6},"content_text":"Block Q4 adjusted EBITDA beats estimates, plans workforce cutOverviewFintech firm's Q4 adjusted EPS met analyst expectationsQ4 adjusted EBITDA beat analyst estimatesCompany announced workforce reduction plan to cut over 40% of workforceOutlookCompany said it expects to incur $450 mln to $500 mln in charges connected to workforce reduction planResult DriversGROSS PROFIT - Gross profit grew 24% to $2.87 bln, driven by a 33% surge in Cash App businessCompany press release: ID:nASX22dSJtKey DetailsMetricBeat/MissActualConsensus EstimateQ4 Adjusted EPSMeet$0.65$0.65 (29 Analysts)Q4 EPS$0.19Q4 Adjusted EBITDABeat$930 mln$915.22 mln (28 Analysts)For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}