StocksMediumUpdated•Originally published 3 November 2026•Updated 3 November 2026•
1 min read
Block Shares Surge After Q3 Results Beat Expectations
Key Facts
1Block shares surged after the company reported third-quarter 2026 financial results that exceeded analyst expectations.
Block reported adjusted earnings per share of $1.13 on revenue of $6.72 billion for the third quarter of 2026. Investing.com reported that the company raised its full-year adjusted EPS guidance to $4.15.
The company's performance was bolstered by a 22% jump in Cash App gross profit. These financial results exceeded previous analyst estimates, supporting the upward trajectory of the stock following the release of the fiscal report.