Square Announces Second Quarter 2016 Results
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Square (SQ) PT Raised to $10 at Wedbush Post Q2, Remains Sidelined
August 4, 2016 8:54 AM EDTWedbush analyst Gil Luria raised his price target on Square (NYSE: SQ) to $10.00 (from $8.00) following results but maintained a Neutral rating following strong results.
Luria commented, " We believe Square is rapidly growing a business that may never reach peer profitability, which will... More
Piper Jaffray Raises Price Target on Square (SQ) to $11.50 Following 2Q
August 4, 2016 8:46 AM EDTPiper Jaffray reiterated a Neutral rating on Square (NYSE: SQ), and raised the price target to $11.50 (from $10.00), following the company's 2Q earnings report. SQ posted adj. net revenue of $171M (+54% y/y), beating consensus estimates of $159M by 7%.
Analyst Jason S. Deleeuw commented, "SQ... More
Square (SQ) Tops Q2 EPS by 3c, Revs Beat
August 3, 2016 4:05 PM EDTSquare (NYSE: SQ) reported Q2 EPS of ($0.08), $0.03 better than the analyst estimate of ($0.11). Revenue for the quarter came in at $439 million versus the consensus estimate of $406.93 million.
Gross Payment Volume was $12.5 billion, up 42% year over year.Total net revenue was $439 million, up... More