Block Stock Drops After Q3 Earnings Miss Estimates: Details

1. Block, Inc. missed quarterly earnings estimates by 13 cents per share. 2. Revenue of $6.11 billion fell short of expectations of $6.312 billion. 3. Square GPV grew 12% year-over-year; Cash App's profits rose 25%. 4. CEO optimistic, raised 2025 gross profit outlook by over 15%. 5. XYZ stock dropped 10.08% to $63.80 post-earnings announcement.