H&R Block (HRB) to Release Earnings on Tuesday

H&R Block (NYSE:HRB) will be releasing its earnings data after the market closes on Tuesday, June 15th. Analysts expect H&R Block to post earnings of $5.11 per share for the quarter.

H&R Block (NYSE:HRB) last issued its quarterly earnings data on Monday, March 8th. The company reported ($1.17) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($1.29) by $0.12. H&R Block had a net margin of 3.28% and a negative return on equity of 178.12%. The firm had revenue of $308.00 million for the quarter, compared to the consensus estimate of $351.18 million. During the same quarter in the previous year, the firm earned ($0.59) EPS. The company’s quarterly revenue was down 40.7% compared to the same quarter last year. On average, analysts expect H&R Block to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Shares of H&R Block stock opened at $25.74 on Friday. The stock has a 50 day moving average price of $23.56. H&R Block has a 52-week low of $13.05 and a 52-week high of $26.05. The stock has a market cap of $4.67 billion, a P/E ratio of 66.00, a P/E/G ratio of 0.66 and a beta of 0.84.

Several research firms have weighed in on HRB. BMO Capital Markets boosted their target price on shares of H&R Block from $21.00 to $26.00 and gave the stock a “market perform” rating in a research report on Monday, May 31st. Morgan Stanley boosted their target price on shares of H&R Block from $19.00 to $26.00 and gave the stock an “equal weight” rating in a research report on Tuesday, May 25th. Finally, Barrington Research reissued an “outperform” rating and set a $28.00 target price (up previously from $24.00) on shares of H&R Block in a research report on Monday, May 24th. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of $25.00.

H&R Block Company Profile

H&R Block, Inc, through its subsidiaries, provides assisted income tax return preparation, do-it-yourself (DIY) tax, and virtual tax preparation services and products to the general public primarily in the United States, Canada, and Australia. The company offers assisted income tax return preparation and related services through a system of retail offices operated directly by the company or by franchisees.

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Earnings History for H&R Block (NYSE:HRB)

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