H & R Block (HRB) Scheduled to Post Earnings on Wednesday
H & R Block (NYSE:HRB) is scheduled to be posting its Q115 quarterly earnings results on Wednesday, September 3rd. Analysts expect H & R Block to post earnings of ($0.40) per share and revenue of $130.18 million for the quarter.
H & R Block (NYSE:HRB) last announced its earnings results on Wednesday, June 11th. The company reported $1.67 earnings per share for the quarter, missing the analysts’ consensus estimate of $3.23 by $1.56. The company had revenue of $3.02 billion for the quarter, compared to the consensus estimate of $2.49 billion. During the same quarter last year, the company posted $2.54 earnings per share. H & R Block’s revenue was up 16.5% compared to the same quarter last year. On average, analysts expect H & R Block to post $1.98 EPS for the current fiscal year and $2.21 EPS for the next fiscal year.
H & R Block (NYSE:HRB) traded up 0.21% on Tuesday, hitting $33.60. 663,349 shares of the company’s stock traded hands. H & R Block has a 52-week low of $25.98 and a 52-week high of $33.92. The stock’s 50-day moving average is $32.81 and its 200-day moving average is $30.89. The company has a market cap of $9.215 billion and a P/E ratio of 19.49.
The company also recently announced a quarterly dividend, which is scheduled for Wednesday, October 1st. Stockholders of record on Tuesday, September 9th will be paid a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 2.39%. The ex-dividend date is Friday, September 5th.
HRB has been the subject of a number of recent research reports. Analysts at Credit Suisse reiterated an “outperform” rating on shares of H & R Block in a research note on Monday, August 11th. They now have a $40.00 price target on the stock, up previously from $37.00. On the ratings front, analysts at TheStreet upgraded shares of H & R Block to a “buy” rating in a research note on Friday, July 11th. Finally, analysts at Morgan Stanley reiterated an “overweight” rating on shares of H & R Block in a research note on Tuesday, July 1st. They now have a $38.00 price target on the stock. One research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average target price of $34.89.
H&R Block, Inc (NYSE:HRB) through its subsidiaries provides tax preparation and banking services.
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