SQ Square Inc. Class A

Square to Announce Third Quarter 2016 Results

Square, Inc. (NYSE: SQ) will release financial results for the third quarter of 2016 on November 1, 2016, after market close. Square will also host a conference call and earnings webcast at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time on the same day to discuss these results. The live webcast of the call can be viewed at Square's Investor Relations website at square.com/investors. A replay will be available at the same website following the call.

About Square, Inc.

Square creates tools that help sellers of all sizes start, run, and grow their businesses. Square's point-of-sale service offers tools for every part of running a business, from accepting credit cards and tracking inventory, to real-time analytics and invoicing. Square also offers sellers financial and marketing services, including small business financing and customer engagement tools. Businesses and individuals use Square Cash, an easy way to send and receive money, as well as Caviar, a food delivery service for popular restaurants. Square was founded in 2009 and is headquartered in San Francisco, with offices in the United States, Canada, Japan, and Australia.

EN
04/10/2016

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Reports on Square Inc. Class A

Soomit Datta
  • Soomit Datta

SQ US (Neutral, TP: $70, -5%) Block Q3 24 - Solid quarter, signs of Sq...

Block is slowly fixing operational issues at Square which should enable a more balanced 2-sided ecosystem with Cash App. We saw stable GPV growth in Q3 (8% y/y) but better momentum through the quarter and into October (double digit).

Soomit Datta
  • Soomit Datta

PYPL US (BUY, TP: $85, +24%) ADYEN (BUY, TP: EUR1,700) SQ US (Neutral,...

We continue our series of Deep dives into Payments (see previous: Unified Commerce, and Rise of the Merchants) with a look at Real Time Payment (RTP) developments. Adoption has been rapid on a global basis, notably at the consumer level in markets like Brazil, though is a significant laggard in the US. Momentum here is, however, slowly building through FedNow (launched only in 2023) with banks/FIs stalling, but with consumer demand we think high and with a Visa/Mastercard interchange settlement ...

Soomit Datta
  • Soomit Datta

SQ US (Neutral, TP: $70, +15%) Block INITIATION: Spin the Wheels

There’s a path to strategic success for Block and, if anyone can find it, it’s probably returned co-founder Jack Dorsey. He needs to fix operational issues at Square, reversing share losses, and seek out merchant growth. This should enable a more balanced 2-sided ecosystem with Cash App, providing additional utility for consumers. Cash App otherwise risks becoming “just another” wallet. Structural headwinds include: likely instant deposit declines and a more resurgent Venmo.

Valens Research
  • Valens Research

Valens Credit Weekly Insights - 2024 06 26

Valens Credit Research team highlights SQ which has a compelling bond offering that we believe the market is currently mispricing, with strong fundamentals, favorable management alignment, and an actionable trade.

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