Block Gains on its Cash App and Afterpay Segment Blowouts

Key PointsBlock Inc. beat Q1 2024 EPS by two cents as revenues rose 19.6% YoY to $5.97 billion, beating$5.83 billion consensus analyst estimates.Cash App revenues surged 23% YoY to $4.17 billion, and total inflows rose by 17$71 billion.Afterpay, its buy-now-pay-later (BNPL) service will be integrated into the Cash App Card.5 stocks we like better than BlockBlock TodaySQBlock$71.50 +0.30 (+0.42$38.85▼$87.52P/E Ratio92.86Price Target$87.59Add to WatchlistFintech giant Block Inc. NYSE: SQ ...