Block (XYZ) Q2 Earnings Preview: What You Should Know Beyond the Headline Estimates

Ahead of Block’s (XYZ) upcoming Q2 report, Wall Street expects quarterly earnings of $0.86 per share, up 38.7% year over year. Revenue is forecast at $6.54 billion, an 8% increase compared with the prior-year quarter. Analysts’ consensus EPS estimate has inched up 0.2% over the last 30 days, reflecting revisions to initial projections. The preview also highlights expected performance across multiple Block metrics, including Revenue—Bitcoin at $1.97 billion (down 8.3% y/y), Revenue—Cash App total at $4.02 billion (up 4.6%), and Cash App monthly transacting actives at 59.17 million. Forecasts also include gross payment volume for Square of $72.16 billion and various inflow and revenue line items.