Block Jumps, Progyny Gains, Expedia Tumbles as Full Year Guidance Left Unchanged
In this episode of Stock Movers:Block (XYZ) shares rise. Block Inc. expects an annual gross profit of $12.3 billion, higher than its previous forecast and analyst estimates. The company anticipates growth to start showing up in the second quarter, forecasting $3 billion in gross profit, which would be up 20% compared with the year-ago period.Progyny (PGNY) shares gain after the women’s health services company strong first quarter results helped shake off investor concerns that the macro environment would eat into the company’s business. Jefferies (buy) analyst Brian Tanquilut says…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.