Entering text into the input field will update the search result below

Block's higher price for Instant Deposit should boost EBITDA, profit, Barclays says

Mar. 08, 2022 11:54 AM ETBlock, Inc. (SQ)By: Liz Kiesche, SA News Editor

Third-Party Payment Apps

hapabapa/iStock Editorial via Getty Images

Barclays analyst Ramsey El-Assal increased his estimates for Block's(SQ +1.9%) gross profit and EBITDA as the fintech quietly raised the pricing on its Cash App's Instant Deposit feature, "one of Cash App's biggest drivers

Recommended For You


Have a tip? Submit confidentially to our News team. Found a factual error? Report here.

To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.