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Block shares surge over 6% on Q3 beat and raised annual guidance

Investing.com +1 · ·by G4L

XYZ Block Inc
$84.58 +2.82%
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  1. 1Block Inc shares rose more than 6% during Wednesday pre-market trading.
  2. 2Block's adjusted Q3 EPS of $1.13 exceeded the analyst consensus EPS of $1.03.
  3. 3Block's Q3 revenue of $6.72 billion surpassed the estimate of $6.58 billion.

So what's the key point?

Block's third-quarter results were better than experts expected. The stock price rose more than 6% as revenue exceeded $6.72 billion.

Source Investing.com +1 · View original ↗

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