Markets HRB

H&R Block Inc. Q3 Profit Increases, Beats Estimates

(RTTNews) - H&R Block Inc. (HRB) released earnings for its third quarter that increased from the same period last year and beat the Street estimates.

The company's bottom line totaled $722.33 million, or $5.31 per share. This compares with $690.74 million, or $4.86 per share, last year.

Excluding items, H&R Block Inc. reported adjusted earnings of $731.28 million or $5.38 per share for the period.

Analysts on average had expected the company to earn $5.17 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period rose 4.3% to $2.277 billion from $2.184 billion last year.

H&R Block Inc. earnings at a glance (GAAP) :

-Earnings: $722.33 Mln. vs. $690.74 Mln. last year. -EPS: $5.31 vs. $4.86 last year. -Revenue: $2.277 Bln vs. $2.184 Bln last year.

-Guidance: Full year EPS guidance: $5.15 to $5.35 Full year revenue guidance: $3.69 to $3.75 Bln

RTTNews
Founded in the late 1990s by Andrew Mariathasan in New York, with the goal of covering Wall Street for a new generation of investors, RTTNews has expanded steadily over the years to become a trusted provider of content for a wide array of subjects across several platforms. RTT's Financial Newswire is relied upon by some of the world's largest financial institutions, including banks, brokerages, trading platforms and financial exchanges.
More articles by this source

Tags

Stocks Mentioned

Latest Articles

Data is currently not available