Block projected mid-teens annual gross profit growth through 2028 and said it expects to reach roughly $15.8B in gross profit. Despite strong benchmarks, Wall Street skepticism has pushed the stock down more than 30 this year. The company forecast ~30 annual growth in adjusted operating income to $4.6B+ by 2028 and guided adjusted EPS to rise in the low-30 range to $5.50. Block also introduced a new non-GAAP cash-flow metric tied to its lending business and expects it to top $4B, or 25 of gross profit, by 2028. Shares were briefly halted during the presentation before jumping 9 once trading reopened.