Highly Rated Block Puts Up Dazzling Profit Growth Numbers

Blockhead10-17

Innovative payments processor Block (SQ) is putting up dazzling profit numbers. That includes a 133% surge in earnings last quarter, the latest in a string of outsize earnings reports. Block is known ...

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Block is known ...</p>\n\n<a href=\"https://www.investors.com/news/block-shows-improved-relative-strength-still-shy-of-benchmark/\">Source Link</a>\n\n</div>\n","source":"investor_business_daily_highlight","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>Highly Rated Block Puts Up Dazzling Profit Growth Numbers</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\">\nHighly Rated Block Puts Up Dazzling Profit Growth Numbers\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-10-17 15:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.investors.com/news/block-shows-improved-relative-strength-still-shy-of-benchmark/><strong>Blockhead</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Innovative payments processor Block (SQ) is putting up dazzling profit numbers. That includes a 133% surge in earnings last quarter, the latest in a string of outsize earnings reports. Block is known ...</p>\n\n<a href=\"https://www.investors.com/news/block-shows-improved-relative-strength-still-shy-of-benchmark/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4503","symbol_name":"景林资产持仓","start_time":0,"source_url":"https://www.investors.com/news/block-shows-improved-relative-strength-still-shy-of-benchmark/","article_id":"2476334534","we_media_id":null,"thumbnails":["https://www.investors.com/wp-content/uploads/2022/11/Stock-blockFi-phone-shutt.-150x150.jpg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2476334534","pubTimestamp":1729148400,"sourceInfo":{"source_id":"investor_business_daily_highlight","name":"Investor’s Business Daily"},"weMediaInfo":null,"summary":"A Relative Strength Rating upgrade for Block shows improving technical performance. 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That includes a 133% surge in earnings last quarter, the latest in a string of outsize earnings reports. Block is known for its popular buy now, pay later programs.\nOver the last four quarters Block reported EPS gains of 31%, 105%, 98% and 133% last quarter to 93 cents per share. During that time, revenue grew 24%, 24%, 19% and 11% to $6.16 billion.\nOn Thursday, the Relative Strength (RS) Rating for Block stock climbed into a new percentile, as it got a lift from 70 to 75. The 75 RS Rating shows that Block topped 75% of stocks in IBD's database for price performance this past year. Its other ratings are even higher.\nBlock Has Near-Best EPS Rating\nBlock sports a near-best 98 EPS Rating out of 99, an 89 Composite Rating and a B Accumulation/Distribution Rating. The B rating shows that big funds are buying more Block shares than selling.\n\n\n\n↑\nX\n\n\n\n\nMarket Breadth: How This Indicator Reveals Hidden Weakness In A Bull Market\n\n\nSee All Videos\n\n\n\n\nNOW PLAYING\nMarket Breadth: How This Indicator Reveals Hidden Weakness In A Bull Market\n\n\n\n\n\nHow To Invest In Stocks In Both Bull And Bear Markets\n\nBlock's Square brand mobile card reader, thought to be the first of its kind, is used by more than 4 million businesses, according to the company. Additionally, companies use Block's point-of-sale software to manage receipts and sales report. And it provides sales report analytics and other feedback.\nBlock stock is building a cup without handle with an 87.52 entry. Its stock leapt about 90% from the end of October 2023 to around 73.68 Thursday afternoon. See if it can break out in volume at least 40% higher than normal.\n\nKeep an eye out for the company's next round of numbers on or around Oct. 31.\nAmong Top 6 In Its Industry Group\nThe company earns the No. 6 rank among its peers in the 37-stock Finance-Card/Payment Processing industry group. Shift4 Payments (FOUR), Paymentus Holdings (PAY) and PayPal Holdings (PYPL) are among the top 5 highly rated stocks within the group.\nIBD's proprietary Relative Strength Rating measures price movement with a 1 (worst) to 99 (best) score. The grade shows how a stock's price movement over the last 52 weeks compares to all the other stocks in IBD's database. Market research shows that the best-performing stocks tend to have an RS Rating of at least 80 as they begin their largest price moves. See if Block can continue to climb and clear that threshold.\nPlease follow James DeTar on X, formerly known as Twitter, @JimDeTar \nRELATED:\nWhich Stocks Are Showing Rising Relative Strength?\nMarketSurge Provides Investors With Cool Tools\nHow Relative Strength Line Can Help You Judge A Stock\nIBD Live: A New Tool For Daily Stock Market Analysis\nReady To Grow Your Investing Skills? 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