Square, Inc. Technology | Internet Software & Services | USA Mobile payment service provider for small businesses.
Square, Inc. (SQ) is confirmed to report earnings at approximately 4:00 PM ET on Wednesday, August 2, 2017. The consensus estimate is for a loss of $0.04 per share on revenue of $536.79 million and the Earnings Whisper ® number is ($0.02) per share. Investor sentiment going into the company's earnings release has 83% expecting an earnings beat The company's guidance was for earnings of $0.03 to $0.05 per share on revenue of $532.00 million to $538.00 million. Consensus estimates are for earnings to decline year-over-year by 500.00% with revenue increasing by 22.41%. Short interest has increased by 49.8% since the company's last earnings release while the stock has drifted higher by 36.2% from its open following the earnings release to be 52.0% above its 200 day moving average of $17.23. Overall earnings estimates have been revised higher since the company's last earnings release. On Wednesday, July 12, 2017 there was some notable buying of 3,846 contracts of the $24.00 call expiring on Friday, September 15, 2017. The stock has averaged a 10.9% move on earnings in recent quarters.
