This year, analysts said that wasn't the case for Block. "Block's 1Q25 results missed expectations due to weaker Cash App gross profit, despite typically strong seasonality from tax refunds ...

Analysts raised concerns about execution on new ... is targeting at least $10.22 billion in gross profit, supported by initiatives such as Cash App Borrow, Afterpay on Cash App Card, and ...

Many flagged fresh concerns around stagnant Cash App user growth, muted consumer demand and a soft ... The financial services company missed across the board — on revenue, gross profit and payment ...

The payments firm has singled out Afterpay as a driver of growth. Block saw gross profit for Cash App grow just 10% for the quarter — to $1.38 billion — compared to the same time period in 2024.

Shares of Block Inc. are on a downward spiral after the parent of the popular money-transfer app Cash App reported results ... after Block cut its full-year profit guidance as a result of a ...

Though concerns persist ... of 9.5% gross profit growth in the second quarter appeared "incredibly conservative". SQUARE BUSINESS STRENGTH Despite weakness in Cash App, analysts said Block's ...