Square Q3 Earnings: Looking for More Strong Growth
Point-of-sale technology company Square (NYSE: SQ) has recently been growing rapidly. But its growth hasn't been good enough for the market -- at least that's what an investor might assume by the stock's 28% decline over the past year.
Overall, the company has been doing everything right. Revenue has been coming in above expectations and the company's adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) has been soaring. But for now, high expectations have become the stock's crutch.
With Square's shares trading lower, investors will be looking to see if the company can finally impress investors with its latest quarterly results. The company reports its third-quarter earnings on November 6.
Source Fool.com
