Block (SQ): A History Of Volatile Earnings, But Mostly Beats

We see a continued slowing total spend excluding e-commerce normalization, notes Dominick Gabriele. He and Kevin Riley preview Block's (SQ) earnings. Dominick mentions that Visa (V) is still our top pick in the space, still net cautious on the space in totality. They talk about how recent banking weakness impacts payment stocks. Kevin suggests that SQ has a history of volatile earnings reports but has beaten EPS 7 out of the last 10 reports. SQ shares down more than 40% year-over-year. They then go over trends in payment stocks, as well as what's next for SQ. They also look at other notable postmarket earnings which include AAPL, DKNG, EXPE, COIN, LYFT, and DASH. Tune in to find out more about the stock market today.

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