Block Inc Class A
XYZ: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| Rl | LOCK|H@$qL | LOCK|$Yw?%< |
Block Earnings: Cash App Growth Slows
Block delivered a soft first quarter, with slowing growth at Cash App as the most significant issue, in our view. While management expects growth to improve in the back half of the year, we think that will likely depend on macroeconomic conditions.
