- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
1
Posted on 2/23/21 at 3:46 pm to Allthatfades
Payments company Square Inc. reported a profit in its fourth quarter, which was lifted by its investment in DoorDash.
Square's fourth-quarter profit was $294 million, a drop from $390.9 million a year ago. Earnings were 59 cents a share, down from 83 cents a share a year ago.
The company's profit included a $274.3 million gain related to equity investments. That gain, Square said, was mostly from the mark-to-market valuation of Square's investment in DoorDash, Square said.
Adjusted earnings were 32 cents a share. According to FactSet, analysts were expecting 24 cents a share.
Revenue more than doubled to $3.16 billion. Analysts were expecting $3.1 billion.
Square's fourth-quarter profit was $294 million, a drop from $390.9 million a year ago. Earnings were 59 cents a share, down from 83 cents a share a year ago.
The company's profit included a $274.3 million gain related to equity investments. That gain, Square said, was mostly from the mark-to-market valuation of Square's investment in DoorDash, Square said.
Adjusted earnings were 32 cents a share. According to FactSet, analysts were expecting 24 cents a share.
Revenue more than doubled to $3.16 billion. Analysts were expecting $3.1 billion.
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News