H&R Block (HRB) Announces Earnings Results, Beats Expectations By $0.01 EPS
H&R Block (NYSE:HRB) announced its quarterly earnings results on Wednesday. The company reported ($0.71) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.72) by $0.01, Briefing.com reports. H&R Block had a net margin of 13.19% and a negative return on equity of 101.42%. The firm had revenue of $140.85 million during the quarter, compared to analysts’ expectations of $131.24 million. During the same period in the previous year, the company earned ($0.67) earnings per share. H&R Block’s quarterly revenue was up 7.3% compared to the same quarter last year.
H&R Block (NYSE HRB) opened at $28.99 on Thursday. The company has a quick ratio of 1.48, a current ratio of 1.48 and a debt-to-equity ratio of -6.97. The company has a market cap of $5,496.19, a price-to-earnings ratio of 13.28, a price-to-earnings-growth ratio of 1.21 and a beta of 0.56. H&R Block has a one year low of $19.85 and a one year high of $31.80.
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 2nd. Shareholders of record on Monday, December 4th will be paid a $0.24 dividend. The ex-dividend date of this dividend is Friday, December 1st. This represents a $0.96 dividend on an annualized basis and a yield of 3.31%. H&R Block’s dividend payout ratio is presently 49.48%.
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H&R Block Company Profile
H&R Block, Inc (H&R Block), through its subsidiaries, provides tax preparation and other services. The Company provides assisted income tax return preparation, digital do-it-yourself (DIY) tax solutions and other services and products related to income tax return preparation to the general public primarily in the United States, Canada, Australia and their respective territories.
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