Square (SQ) will report its Q1 results after today's closing bell, followed by a conference call at 17:00 ET.
The Capital IQ consensus expects the payment processing company to report EPS of $0.16, up from a loss of $0.02 a yr ago. Revenue is expected to be up 142.0% yr/yr to $3.34 bln.
Square will likely to comment about an increase in transactions at physical retailers as reopening efforts accelerated.
Cryptocurrency-related revenue is likely to be a notable contributor to overall results.
Check out the video below for in depth thoughts on SQ and ARKK!
TECHS:
PayPal (PYPL) reported better than expected results and issued strong guidance yesterday.
Square trades at 157.3x forward earnings expectations, which is a premium to PayPal.
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