Block (XYZ) Stock Climbs After Hours as Q3 Profit Beats and Guidance Rises

TLDR Block (XYZ) closed down 1.4% at $76 on Tuesday, then rose 6% to 8% after hours. Q3 adjusted EPS was $1.13 versus the $1.03 estimate, and revenue was $6.72 billion. Cash App gross profit rose 27% to $2.07 billion. Block raised its 2026 adjusted EPS outlook to $4.15 from $4.04. The company gave its first 2027 outlook, with gross profit growth of at least 15%. Block (XYZ) stock closed Tuesday down 1.4% at $76. Then the earnings report landed. Block, Inc., XYZ In after-hours trading, the stock jumped between 6% and 8%, depending on the report. The move followed a third-quarter beat and a higher full-year outlook. Adjusted earnings per share came in at $1.13, ahead of the $1.03 Wall Street expected.

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