H&R Block Q1 Adj EPS $(1.05) Beats $(1.12) Estimate, Sales $183.80M Beat $182.06M Estimate
Portfolio Pulse from Benzinga Newsdesk
H&R Block reported Q1 adjusted losses of $(1.05) per share, beating the analyst consensus estimate of $(1.12) by 6.25%. The company also reported quarterly sales of $183.80 million, surpassing the analyst consensus estimate of $182.06 million by 0.96%. However, this represents a 6.06% decrease in losses and a 2.12% increase in sales compared to the same period last year.
November 07, 2023 | 9:28 pm
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POSITIVE IMPACT
H&R Block's Q1 results beat analyst estimates, which could potentially lead to a positive market reaction.
H&R Block's better-than-expected Q1 results could lead to increased investor confidence and a potential uptick in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100