Square Reports In-line
Square (SQ) reported 2nd Quarter June 2019 earnings of $0.19 per share on revenue of $1.2 billion. The consensus earnings estimate was $0.16 per share on revenue of $1.1 billion. The Earnings Whisper number was $0.19 per share. Revenue grew 44.1% on a year-over-year basis.
The company said in its shareholders letter it expects third quarter non-GAAP earnings of $0.18 to $0.20 per share on revenue of $1.13 billion to $1.15 billion and 2019 earnings of $0.74 to $0.78 per share on revenue of $4.41 billion to $4.47 billion. The current consensus earnings estimate is $0.22 per share on revenue of $1.18 billion for the quarter ending September 30, 2019 and $0.76 per share on revenue of $4.47 billion for the year ending December 31, 2019.
Square Announces Second Quarter 2019 Results
SAN FRANCISCO--(BUSINESS WIRE)--Square, Inc. (NYSE: SQ) has posted its financial results for the second quarter of 2019 on the Financial Information section of its Investor Relations website at square.com/investors.
Square will host a conference call and earnings webcast at 2:00 p.m. Pacific time/5:00 p.m. Eastern time today to discuss these financial results. The domestic dial-in for the call is (877) 683-2081. The Conference ID is 2884766. To listen to a live audio webcast, please visit Square’s Investor Relations website at square.com/investors. A replay will be available on the same website following the call.
About Square, Inc.
Square, Inc. (NYSE: SQ) revolutionized payments in 2009 with Square Reader, making it possible for anyone to accept card payments using a smartphone or tablet. Today, we build tools to empower businesses and individuals to participate in the economy. Sellers use Square to reach buyers online and in-person, manage their business, and access financing. Restaurants use Caviar to offer diners delivery, group ordering, catering, and pickup. And individuals use Cash App to spend, send, and store money. Square has offices in the United States, Canada, Japan, Australia, Ireland, and the UK.
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Source: Square, Inc.