https://www.cnbc.com/2019/02/27/square-earnings-q4-2018.html
Here's how the company did compared with Refinitiv consensus estimates:
Earnings: 14 cents per share vs. 13 cents per share, forecast by Refinitiv Adjusted revenue: $464 million vs. $454 million, forecast by Refinitiv
Payment company Square reported fourth-quarter results that beat analysts’ expectations for earnings and revenue on Wednesday.
Its first-quarter earnings guidance came up short of expectations, while Wall Street also paid attention to slower organic growth. Shares dropped 7 percent in after-hours trading.
Square’s peer-to-peer Cash App had a break-out quarter with more than 15 million monthly active customers in December 2018, more than double what it was a year earlier.
Submitted February 27, 2019 at 04:14PM by coolcomfort123 https://ift.tt/2Tnipun
