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TRX Block raises full-year gross profit forecast, shares rise 6% after-hours
Block Inc. raised its full-year gross profit forecast to $12.63 billion, which it said would represent 22% year-on-year growth, according to The Block. The post reports that Block shares rose 6% in after-hours trading following the raised forecast.
Why “Unverified”
- Reported by The Block alone, with no second source or primary confirmation yet
1 independent source group across 1 post · evidence score 60/100. How labels work
What the sources claim
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Block raised its full-year gross profit forecast to $12.63 billion, implying 22% year-on-year growth.
“Block raised its full-year gross profit forecast to $12.63 billion, which would represent a 22% year-on-year growth.”
The Block -
Block shares rose 6% in after-hours trading after the raised forecast.
“Block Inc. shares rise 6% after-hours as it raises full-year profit forecast”
The Block
Sources
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Summary and claims extracted by AI with prompt analyze-story@5 on 2026-11-04 04:20 UTC. Labels are computed from the sources, not by the model.