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Bock Stock: Block Earnings Top Views. Guidance Underwhelms.

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Square-parent Block (XYZ) reported second-quarter earnings and revenue that topped consensus estimates while key financial metrics came in slightly above Wall Street targets. Profit guidance met expectations. Block stock fell on the news Thursday. Released after the market close on Wednesday, Square earnings for the period ended June 30 were $1.02 per share on an adjusted basis, up 64% from…

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