XYZ News
R40 coverage for Block, Inc. (XYZ).
R40 Coverage
News
Block's Rule of 40 Says 20. Its Gross Profit Grew 25%. Only One of Those Describes the Business.
Block Q2: net revenue $6.62B up 9.4%, gross profit $3.17B up 25%, a record 27% adjusted operating margin, adjusted EPS $1.02. The score reads the wrong line.
R40
News
Johnson & Johnson's P/E Went 31 to 11 to 23 Without the Market Changing Its Mind. We Published a Chart Doing the Same Thing.
One outsized quarter distorts a trailing P/E twice — once when it arrives, and again four quarters later when it leaves. The second one is invisible, and our own Palo Alto coverage reasoned from it.
R40
News
Block (XYZ): The AI-Efficiency Rebound Faces Its Next Test on August 5
Block has erased a 39% drawdown in five months on an AI-driven efficiency story — profit growing twice as fast as gross profit after Jack Dorsey's early-2026 layoffs. Q2 2026 earnings, expected around August 5, are the next checkpoint.
R40