{"id":595804,"date":"2026-05-08T04:53:53","date_gmt":"2026-05-08T04:53:53","guid":{"rendered":"https:\/\/e-bitco.in\/index.php\/2026\/05\/08\/block-inc-rises-8-as-q1-gives-earnings-surprise-despite-bitcoin-dip\/"},"modified":"2026-05-08T04:53:53","modified_gmt":"2026-05-08T04:53:53","slug":"block-inc-rises-8-as-q1-gives-earnings-surprise-despite-bitcoin-dip","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2026\/05\/08\/block-inc-rises-8-as-q1-gives-earnings-surprise-despite-bitcoin-dip\/","title":{"rendered":"Block Inc rises 8% as Q1 gives \u2018earnings surprise\u2019 despite Bitcoin dip"},"content":{"rendered":"

\"Block<\/p>\n

Block\u2019s Q1 earnings beat estimates despite Bitcoin revenue falling 26% on changing Bitcoin \u201ctrading dynamics\u201d and reducing fees on Cash App transactions.<\/p>\n

Jack Dorsey\u2019s payments firm Block rose 7.9% in after-hours trading as its Q1 earnings surpassed analyst estimates, despite posting its first loss in three years.<\/p>\n

Block\u2019s Q1 earnings<\/a> came in at 85 cents per share, beating the Zacks consensus estimate of 68 cents per share. Investors responded positively, driving Block shares to $75.70 after hours, Google Finance data<\/a> shows.<\/p>\n

\u201cThis quarterly report represents an earnings surprise of +25.68%,\u201d said<\/a> Zacks Equity Research on Thursday. \u201cOver the last four quarters, the company has surpassed consensus EPS estimates two times.\u201d<\/p>\n

Read more<\/a><\/p>","protected":false},"excerpt":{"rendered":"

Block\u2019s Q1 earnings beat estimates despite Bitcoin revenue falling 26% on changing Bitcoin \u201ctrading dynamics\u201d and reducing fees on Cash App transactions. Jack Dorsey\u2019s payments firm Block rose 7.9% in after-hours trading as its Q1 earnings surpassed analyst estimates, despite posting its first loss in three years. Block\u2019s Q1 earnings came in at 85 cents […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":{"0":"post-595804","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-blockchain"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/595804","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=595804"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/595804\/revisions"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=595804"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=595804"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=595804"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}