Block, Inc. (NYSE:SQ) shares are trading higher Thursday. The company will report its third-quarter financial results after the market close on Thursday.

What To Know:

Block, Inc. is set to report its third-quarter financial results on Thursday after the market close and will host a conference call to discuss the results at 5:00 p.m. ET. According to estimates from Benzinga Pro, Block is expected to report earnings of 47 cents per share and quarterly revenue of $5.437 billion.

Shares of SQ are up over 5% ahead of earnings, though the stock remains down by more than 25% over the last month.

On Oct. 18, Square announced 10 new generative AI features which allow users to automate operations and speed up workflows. Earlier this year, the company marked generative AI as a key business priority.

Related News: What's Going On WIth Canopy Growth Corporation Stock?

SQ Price Action: According to Benzinga Pro, Block, Inc. shares are up nearly 6% at $43.33 at the time of publication.

Image: Mediamodifier from Pixabay