Block’s Adjusted Q3 Earnings Beat Estimates; Shares Rise More Than 8%
Block reported adjusted earnings of $1.13 per share versus analyst expectations of $1.03. Revenue was $6.72 billion, above estimates, and shares rose more than 8% in after-hours trading Tuesday.
By Anita HamiltonShares of fintech firm Block shot up more than 8% in after-hours trading Tuesday when its third quarter earnings beat analyst expectations.Adjusted earnings of $1.13 a share beat expectations for $1.03 a share, and revenue also surpassed estimates, at $6.72 billion compared with th…