Byline: Nov 6, 2025 — Daily coverage of XYZ stock news and catalysts for Google News & Discover.
Lede
Block, Inc. (NYSE: XYZ) released third‑quarter results after the bell today, missing Wall Street estimates on both revenue and adjusted EPS and sending shares down roughly 10%–13% in after‑hours trading. Management, however, raised full‑year 2025 gross profit guidance—a key input many investors track—setting up a split reaction between headline misses and improved outlook. 1
What happened today
- Earnings: Adjusted EPS came in at $0.54, below the $0.67 LSEG consensus. Revenue printed $6.11B vs. $6.31B expected. 1
- GAAP results:Net income totaled $461.5M (GAAP EPS $0.74). 2
- Guidance: Block lifted its 2025 gross profit outlook to ~$10.24B (previously ~$10.17B). 1
- Stock move: XYZ fell ~10%–13% after hours, with prints around the mid‑$60s as investors digested the miss. 3
Key operating takeaways
While topline and EPS missed, the company highlighted healthy ecosystem trends:
- Square (merchant) momentum:Gross payment volume (GPV) +12% YoY, with Square gross profit ~$1.02B (+9% YoY). 4
- Cash App strength:Gross profit ~$1.62B (+24% YoY). 4
MarketWatch also noted investor focus on limited flow‑through: despite a gross‑profit beat, EBIT beat was modest (about $7M), fueling concerns about operating leverage. 4
Why shares fell despite stronger guidance
- Headline miss vs. expectations. A miss on both adjusted EPS and revenue—on a day when many tech/fintech peers leaned into efficiency—tends to outweigh incremental guidance raises in the short term. 1
- Profit flow‑through questions. Investors appeared to key in on the narrower EBIT beat relative to the gross‑profit outperformance, a dynamic that can pressure sentiment on margin durability. 4
- Macro and competitive backdrop. Reuters flagged persistent consumer‑spending caution and intensifying competition in peer‑to‑peer payments—headwinds that can cap upside to near‑term profitability. 1
The numbers at a glance (Q3 2025)
- Revenue: $6.11B (vs. $6.31B est.)
- Adjusted EPS: $0.54 (vs. $0.67 est.)
- GAAP net income: $461.5M; GAAP EPS: $0.74
- FY‑2025 gross profit guide: ~$10.24B (prior ~$10.17B)
- After‑hours move: down ~10%–13% to the mid‑$60s
Sources: Reuters, Associated Press, Benzinga, MarketWatch. 1
What to watch next
- Earnings call (today):5:00 p.m. ET / 2:00 p.m. PT webcast on Block’s IR site. Expect color on Cash App engagement, Square’s go‑to‑market changes (tiered pricing, focus on larger sellers), and 4Q seasonality into the holidays. 5
- Margin trajectory. With investors focused on operating leverage, any commentary on expense discipline and unit economics will be pivotal. 4
- Macro sensitivity. Management remarks on consumer trends and competition in P2P/payments could drive near‑term multiple. 1
Context for new readers
- Ticker change: In January 2025, Block changed its ticker from SQ to XYZ (NYSE and ASX), a housekeeping move following its 2021 corporate rebrand. 6
Quick FAQ: XYZ Stock Today
Did Block beat or miss in Q3?
Missed on both adjusted EPS and revenue versus consensus. 1
Why is the stock down after hours?
Headline misses and questions about profit flow‑through to EBIT/margins overshadowed otherwise solid ecosystem growth. 1
What’s the new full‑year outlook?
Management raised the FY‑2025 gross profit target to about $10.24B (from $10.17B). 1
When is the earnings call?
Today at 5:00 p.m. ET via the company’s Investor Relations site. 5
Any standout operating metrics?
Yes—Square GPV +12% YoY, Square gross profit ~$1.02B, and Cash App gross profit ~$1.62B (+24% YoY). 4
Editor’s note & sources
This article compiles all major public updates for Nov 6, 2025 related to Block (NYSE: XYZ), including the earnings release and immediate market reaction:
- Reuters: miss vs. estimates; stock reaction; FY gross‑profit guide. 1
- Associated Press via Times Union: GAAP net income/EPS; revenue. 2
- Benzinga: after‑hours price/color; select operating metrics quoted from the shareholder letter. 3
- MarketWatch: Square GPV, Cash App gross profit, and analyst flow‑through commentary. 4
- Block IR: ticker change confirmation; call timing. 6
Disclosure
This report is for information and news purposes only and is not investment advice. Always do your own research or consult a licensed financial advisor before making trading or investment decisions.
