Block upcoming results likely to mildly beat consensus, says Baird

Baird said we don’t view Q1 as likely to be a big catalyst, though we view the risk/reward to be quite good over the course of the year. Q1 EPS likely beats the Street mildly, though investors will focus on March/April trends where Seller is likely decelerating, while CashApp is likely continuing to grow well. Baird maintains its Outperform rating and $92 price target on Square shares.