05:19 AM EST, 11/07/2025 (MT Newswires) -- (Updates with the stock move in the headline and the first paragraph.)

Block's (XYZ) shares were down 15% in Friday's premarket activity after the company reported Q3 adjusted earnings and revenue below consensus late Thursday.

The company reported Q3 adjusted earnings of $0.54 per diluted share, up from $0.53 a year earlier.

Analysts polled by FactSet expected $0.64.

Net revenue in the three months ended Sept. 30 rose to $6.11 billion from $5.98 billion a year earlier.

Analysts surveyed by FactSet expected $6.31 billion.