H&R Block Stock Rises On Q4 Earnings Beat, Raises Dividend
Portfolio Pulse from Ryan Gustafson
H&R Block, Inc. (NYSE:HRB) reported better-than-expected Q4 results and raised its quarterly dividend. The company reported earnings of $2.05 per share, beating the analyst consensus estimate of $1.89. Quarterly sales were $1.03 billion, beating the analyst consensus estimate of $1.01 billion. The company also raised its quarterly dividend by 10% to 32 cents per share. Shares of HRB were up 6.08% at $37.50 at the time of publication.
August 15, 2023 | 8:45 pm
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H&R Block reported better-than-expected Q4 results and raised its dividend, leading to a rise in its stock price.
H&R Block's better-than-expected Q4 results and increased dividend are positive news for the company, which is likely to boost investor confidence and drive up the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100