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Square Analysts React To Q4 Earnings: 'Deceleration Somewhat Surprising'
Wednesday, February 24, 2021 - 12:31pm | 533Read More...Square Inc (NYSE: SQ) shares dropped 6% despite the digital payment company reporting a fourth-quarter earnings beat on Tuesday afternoon. Square reported fourth-quarter adjusted EPS of 32 cents on revenue of $3.16 billion. Both numbers topped consensus analyst estimates of 24 cents and $3.1...
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Visa Analysts: Q1 Commentary May Reassure Investors
Friday, January 29, 2021 - 1:32pm | 276Read More...Visa Inc (NYSE: V) reported strong quarterly results Thursday, with gross revenue of $5.7 billion and adjusted earnings of $1.42 per share, ahead of the Street's expectations of $5.5 billion and $1.28 per share, respectively. The Visa Analysts: Josh Beck of KeyBanc Capital Markets...
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KeyBanc Downgrades Mastercard, Visa On Industry Trends
Wednesday, January 27, 2021 - 11:44am | 269Read More...Mastercard Inc (NYSE: MA) and Visa Inc (NYSE: V) are likely to generate cross-border revenue short of the Street expectations, given that rising COVID-19 cases, the pace of vaccine rollout and the government response to the situation are weighing on demand for international travel, according...
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The Street's Reaction To Intuit's Earnings: 'Feeling Better'
Friday, November 20, 2020 - 11:40am | 625Read More...TurboTax and QuickBooks parent company Intuit Inc. (NASDAQ: INTU) reported fiscal first-quarter results highlighted by a 14% revenue growth. Here is a summary of how some of the Street's top analysts reacted to the print. The Analysts RBC Capital Markets analyst Alex Zukin maintains an...
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Square Earnings Crush Expectations Yet Again, But What's Next?
Friday, November 6, 2020 - 1:15pm | 512Read More...Square Inc (NYSE: SQ) shares jumped 11% on Friday after the company reported an earnings beat and stronger-than-expected Cash App growth in the third quarter. Square reported third-quarter adjusted EPS of 8 cents on revenue of $3.03 billion. Both numbers beat consensus analyst estimates of an 8-...
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Wall Street Loves Square's Cash App Growth
Wednesday, August 5, 2020 - 12:58pm | 553Read More...Square Inc (NYSE: SQ) gained 9% on Wednesday after the company reported huge jumps in Cash App customers and revenue. Square released its second-quarter earnings a day early on Tuesday after they were leaked after the market close. Square reported adjusted EPS of 18 cents on $1.9 billion in...
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Shopify, PayPal, Wix.com Are 'E-Commerce Enablers' In Digital Shift: KeyBanc
Wednesday, July 22, 2020 - 10:56am | 583Read More...The ongoing digital acceleration has prompted an analyst at KeyBanc Capital Markets to adopt a positive stance on e-commerce and e-commerce-enabling companies such as Shopify Inc (NYSE: SHOP), Paypal Holdings Inc (NASDAQ: PYPL) and Wix.Com Ltd (NASDAQ: WIX). The E-Commerce Ratings: Josh Beck...
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Square's Cash App Growth Adoption Curve Steepens Amid Improving User Metrics: KeyBanc
Tuesday, July 21, 2020 - 12:40pm | 334Read More...Square Inc (NYSE: SQ) got a price target boost from KeyBanc Capital Markets, premised on strong second-quarter trends. The Square Analyst: Josh Beck maintained an Overweight rating on Square and upped the price target from $125 to $140. The Square Thesis: Square's key metrics such as user...
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KeyBanc Upgrades Wix On Digital Acceleration Tailwinds
Tuesday, June 9, 2020 - 10:56am | 305Read More...Online content and commerce initiatives are likely to boost the adoption and reach of Wix.Com Ltd’s (NASDAQ: WIX) flagship platform, according to KeyBanc Capital Markets. The Wix Analyst: Josh Beck upgraded Wix.com from Sector Weight to Overweight, while establishing a price target of $...
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Square Analysts React To FDIC's Conditional Banking License Approval For Payments Company
Thursday, March 19, 2020 - 3:22pm | 786Read More...Payment processing company Square Inc (NYSE: SQ) said Wednesday that the FDIC voted to conditionally approve its application for an Industrial Loan Company, or ILC, bank charter. The company also received charter approval from the Utah Department of Financial Institutions. The Square...
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5 Analysts Raise Shopify Price Targets After Strong Quarter
Thursday, February 13, 2020 - 1:10pm | 764Read More...Shopify Inc (NYSE: SHOP) surged after beating fourth-quarter estimates in gross merchandise volume (GMV), subscription revenue, merchant services revenue, and operating income. The company’s 47% total revenue growth represented its first quarter-over-quarter acceleration since 2013, while the...
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The Street Debates Bill.com's Stock
Monday, January 6, 2020 - 4:55pm | 605Read More...Multiple Wall Street analysts on Monday initiated coverage of Bill.com Holdings Inc (NYSE: BILL), a provider of automated payment solutions for small-and-medium size businesses. First Mover Advantage Bill enjoys a first-mover advantage in the SMB back-office financial automation category and it...
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Fiserv Reports Solid Q3, With Strong Merchant Momentum
Friday, November 8, 2019 - 2:07pm | 292Read More...Fiserv Inc (NASDAQ: FISV) reporting 6% internal growth in the third quarter, backed by 10% growth in merchant solutions. The company remains attractive on its prospects of to bring together modern commerce solutions, outperform synergies targets and effectively deploy capital, according to KeyBanc...
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Wall Street Weighs In On Square Earnings, Cash App And More
Thursday, November 7, 2019 - 11:11am | 780Read More...Square Inc (NYSE: SQ) traded higher on Thursday after the company topped third-quarter EPS and revenue estimates and raised its full-year revenue and EPS guidance. The new EPS guidance range for the fourth quarter came up short of consensus analyst estimates. In addition to reporting earnings...
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The Street Still Loves PayPal
Thursday, October 24, 2019 - 3:41pm | 692Read More...Paypal Holdings Inc (NASDAQ: PYPL) reported third-quarter results Wednesday that beat estimates and prompted multiple Street analysts to reaffirm bullish stances. The Analysts Wells Fargo analyst Timothy Willi maintained an Overweight rating on PayPal's stock with a $135...
















