All eyes are on CEO Jack Dorsey as Block announces its earnings after the close of the market on Thursday. It’s the first report since the company changed its name from Square to Block in early December.
Analysts polled by S&P Market Intelligence forecast Block will generate $4.06 billion in revenue, up 29% from the fourth quarter of 2020. Analysts also expect the company to report a loss of 10 cents per share, down from a profit of 65 cents per share year-over-year.
Here’s what else to look out for during Block’s earnings call, scheduled for 5 p.m. EST on Thursday: