SQ Earnings History: Beat Rate, Odds, and What the Data Says

Block, Inc. moves on earnings. If you are deciding whether to trade SQ earnings, start with the data. Twelve quarters of history tell a clear story.

The Beat Rate

SQ has beaten earnings estimates in 8 of its last 12 quarters. That is a 66.7% beat rate. Two out of every three reports come in above Wall Street's consensus.

The consistency matters. A stock with a 66.7% SQ earnings beat rate is not doing it by accident.

What Happens After a Beat

After a beat, SQ moves higher the next trading day 62.5% of the time. The average gain on those days is 4.13%. For a stock known for wide price swings, that is a tradeable magnitude.

Not every beat triggers a rally, but the odds favor the upside move in most cases.

The Pattern

Three things stand out in the SQ earnings data. Misses are not reliably punished. After a miss, the stock only declines the next day 50% of the time.

Beats produce a measurably stronger directional signal. The 4.13% average post-beat move tells you the market prices in real uncertainty ahead of each report.

What This Means for Traders

A 66.7% beat rate gives long-side traders a statistical edge. The 62.5% next-day up rate after a beat supports a directional bias, not just a volatility play.

Do not build a short thesis around a miss. The 50% post-miss direction rate makes that trade a coin flip with no historical edge.

All figures come directly from ChartOdds SQ earnings odds data.