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Bartosiak: Trading Square's (SQ) Earnings With Options

Published 11/07/2017, 12:54 AM
Updated 07/09/2023, 06:31 AM
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On Tuesday, September 19th, Square (NYSE:SQ) will release its third quarter earnings results after the bell. The company is a Zacks Rank 2 (Buy), and have a Value, Growth, and Momentum score of F.

Dave will look at Square’s past earnings, take a look at what is currently going on with the company, and give us his thoughts on their upcoming earnings announcement.

Furthermore, Dave will uncover some potential options trades for investors looking to make a play on Square ahead of earnings.

Square in Focus

Square, Inc. offers financial services and marketing services. The Company provides payments and point-of-sale which include hardware and software to accept payments, streamline operations and analyze business information. Its payments and POS services include In-Person Payments, Online Payments, Square Cash, Square Register, Square Analytics, Square Appointments and Square App Marketplace. The Company's financial services include Square Capital and Square Payroll. Square, Inc. is headquartered in San Francisco, California.

Square is expected to report earnings at $0.06 per share according to the Zacks Consensus Estimate. Last quarter they met earnings expectations at -$0.04per share. They have an average earnings surprise of 59.06% over the last 4 quarters.

Square, Inc. Price, Consensus and EPS Surprise

Square, Inc. Price, Consensus and EPS Surprise | Square, Inc. Quote

Bottom Line

How should investors play Square ahead of their earnings report? For insights on the best options trades, then tune in at 1:00pm CST today to see David’s thoughts.

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Square, Inc. (SQ): Free Stock Analysis Report

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