Name: Block (SQ) Surges, while Fortinet (FTNT) Tumbles After Earnings
Uploaded: 2023-11-03T19:09:22.248-05:00
Duration: 7 min 59 s

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Block (SQ) surges on earnings beat and announces a buyback program. SQ’s 3Q adjusted EPS came in at $0.55 versus an estimated $0.44 and revenue came in at $5.62B versus an estimated $5.41B. Caroline Woods discusses this along with other payment stocks PayPal (PYPL) and Toast (TOST). She also goes over how Fortinet (FTNT) tumbles on weak guidance. Its 3Q adjusted EPS came in at $0.41 versus $0.37 and revenue came in at $1.33B versus an estimated $1.35B. Tune in to find out more about the stock market today.

Block (SQ) Surges, while Fortinet (FTNT) Tumbles After Earnings

Expert commentary about top moving stocks, sectors, and commodities, along with CEO and analyst interviews.