Photo credit: Chris Potter
H&R Block, Inc.
Consumer Discretionary - Diversified Consumer Services | June 12th AMC
H&R Block, Inc. (HRB) will release their FQ4 ‘18 earnings report today after the close. Estimize consensus and wall street both anticipate an EPS of $5.26, a 40% YoY growth. We expect a revenue of $2.329B – a 0% YoY growth – while Wall Street expects $2.328B in revenue.
H&R Block provides tax preparation as well as business and payroll consulting services. This will be HRB’s strongest quarter of the year because it covers tax season. Trump said that his tax reform would put H&R Block out of business, but the company saw a 2.6% increase tax returns prepared this year. Additionally, HRB has revamped its online offerings in order to better compete with Intuit’s TurboTax.
Comments
Log in or sign up to join the conversation.