Block, Inc. (NYSE: XYZ) just delivered one of the loudest earnings beats of the Q3 season. Adjusted earnings per share more than doubled to $1.13, up 109.3% year over year and 10.8% above Wall Street's consensus estimate — and the stock jumped almost 10% in pre-market trading. Revenue of $6.72 billion also beat expectations, rising 9.9% from a year ago.
It was not a one-line beat. Cash...