H&R Block Q4 EPS $2.05 Beats $1.89 Estimate, Sales $1.03B Beat $1.01B Estimate
Portfolio Pulse from Benzinga Newsdesk
H&R Block (NYSE:HRB) reported Q4 earnings of $2.05 per share, beating the analyst consensus estimate of $1.89 by 8.47%. This is a 43.36% increase from the same period last year. The company also reported quarterly sales of $1.03 billion, beating the analyst consensus estimate of $1.01 billion by 1.88%, but this is a 1.71% decrease from the same period last year.
August 15, 2023 | 8:06 pm
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POSITIVE IMPACT
H&R Block reported better than expected Q4 earnings and sales. However, sales decreased compared to the same period last year.
H&R Block's better than expected earnings and sales for Q4 are likely to have a positive impact on its stock price in the short term. However, the decrease in sales compared to the same period last year could temper this positive impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100