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Block (XYZ) Q2 2025 earnings report

Block shares increased by 6% in expanded transactions on Thursday after FinTech increased their forecast for the year.

The company did this compared to analysts’ consensus estimates from LSEG.

Earning per share: 62 CENTS set up and 69 cents are expected
Revenues: 6.05 billion dollars and 6.31 billion dollars expected

Revenue fell from 2% to 2% from $ 6.16 billion compared to the previous year. Block said that gross abdomen increased by 14% compared to the previous year and rose to $ 2.54 billion. Analysts’ estimation of $ 2.46 billion for the quarter. The gross payment volume in Square increased by 10% to $ 64.25 billion, while the cash application recorded GPV $ 2.37 billion.

Block increased its guidance to $ 10.17 billion for full -year gross profit and represented 14% growth compared to the previous year. In the previous earning report, Block said that the gross abdomen for the year will come as 9.96 billion dollars.

The company expects a full -year -old operating revenue of 2.03 billion dollars or 20% margin. For the third quarter, the company awaits a 18% increase in the gross abdominal increase from one year to 16% and expects an 18% activity margin.

Block shares exploded more than 9% despite the quarter female

The net income in the quarter has doubled from $ 195.3 million or 31 cents per share a year ago to $ 538.5 million or 87 cents.

The square payment volume in the quarter increased by 10% compared to the previous year.

Block faces from increasing competitors from competitors Toast And FisherSquare work, retail and food and beverage still has still won the share of square work.

Block shares decreased by 10% from the closing of Thursday this year, while NASDAQ increased by 10%. The block was added to S&P 500 last month.

Correction: There was a wrong explanation about the income of a previous version of this story.

– Robert Hum from CNBC contributed to this report.