-=H &R Block (HRB) reported earnings on Wed 28 Aug 2019 (a/h)

H &R Block beats by $0.03, reports revs in-line; Reiterates FY20 revenue and margin outlook 

Reports Q1 (Jul) loss of $0.72 per share, $0.03 better than the S&P Capital IQ Consensus of ($0.75); revenues rose 3.4% year/year to $150 mln vs the $151.35 mln S&P Capital IQ Consensus.

The company normally reports a fiscal first quarter loss due to the seasonality of its tax business. The fiscal first quarter typically represents less than 5% of annual revenues and less than 15% of annual expenses.

Earnings this week : Aug 26 - 30, 19 (wk 35)

Notable earnings reports:

• Autodesk (NASDAQ:ADSK), J.M. Smucker (NYSE:SJM) and Hewlett Packard Enterprise (NYSE:HPE) on August 27; 
• Box (NYSE:BOX), Five Below (NASDAQ:FIVE), Tiffany (NYSE:TIF), Williams-Sonoma (NYSE:WSM) and H&R Block (NYSE:HRB) on August 28; 
• Abercrombie & Fitch (NYSE:ANF), Best Buy (NYSE:BBY), Dell Technologies (NYSE:DELL), Dollar General (NYSE:DG), Workday (NASDAQ:WDAY), Marvell Technologies (NASDAQ:MRVL) and Dollar Tree (NASDAQ:DLTR) on August 29; 
• Campbell Soup (NYSE:CPB) and JinkoSolar (NYSE:JKS) on August 30.

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• Tue 8/27 afternoon: ADSK HEI HPE LCI OOMA PAHC PSEC VEEV
• Wed 8/28 morning: BF.B CHS COTY DAKT DY EXPR MOV TIF
• Wed 8/28 afternoon: BOX ESTC FIVE GEF GES HRB MTRX NTNX OKTA OLLI PVH SCVL SMTC SPWH TLYS WSM ZUO
• ---
• Thur 8/29 morning: ANF BBY BURL DBI DG DLTR GMS HAIN MBUU MEI PDCO SAFM SY TD TECD TITN
• Thur 8/29 afternoon: AMBA AOBC COO DELL MRVL ULTA WDAY YEXT
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• Fri 8/30 afternoon: BIG CPB JKS LX

=H & R Block (HRB) reported earnings on Tue 12 June 18 (a/h)

H & R Block beats by $0.16, beats on revs; co also raises its quarterly dividend by 4% to $0.25/share 

• Reports Q4 (Apr) earnings of $5.43 per share, $0.16 better than the Capital IQ Consensus of $5.27; revenues rose 2.8% year/year to $2.39 bln vs the $2.34 bln Capital IQ Consensus
• Sales growth was driven by improvement in the company's U.S. Assisted and do-it-yourself (DIY) businesses

=H&R Block (HRB) reported earnings on Tue 29 Aug 2017 (a/h)

H & R Block reports EPS in-line, beats on revs

• Reports Q1 (Jul) loss of $0.62 per share, in-line with the Capital IQ Consensus of ($0.62); revenues rose 10.4% year/year to $138 mln vs the $129.33 mln Capital IQ Consensus.
  • The revenue increase was primarily due to increased U.S. Assisted tax preparation fees and revenues from the Peace of Mind Extended Service Plan product.
• "We are building on our momentum from fiscal 2017 to deliver another successful tax season for both our clients and our shareholders," said Tom Gerke, H&R Block's interim president and chief executive officer. "The management team has been hard at work to execute against our plans and we're excited to have Jeff Jones, a strong and experienced leader, join us as our new CEO."

=H&R Block (HRB) reported earnings on Tue 13 June 2017 (a/h)

• 6/13:  #97  / vol. 3.9 M

• H&R Block beats 4Q profit forecasts

KANSAS CITY, Mo. (AP) _ H&R Block Inc. (HRB) on Tuesday reported fiscal fourth-quarter net income of $783.4 million.

The Kansas City, Missouri-based company said it had profit of $3.75 per share. Earnings, adjusted to account for discontinued operations and non-recurring costs, came to $3.76 per share.

The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $3.51 per share.

The tax preparer posted revenue of $2.33 billion in the period.

H&R Block shares have increased 17 percent since the beginning of the year, while the Standard & Poor's 500 index has risen 9 percent. In the final minutes of trading on Tuesday, shares hit $26.99, a rise of 14 percent in the last 12 months.

=H&R Block (HRB) reported earnings on Tue 7 March 17 (a/h)

KANSAS CITY, Mo. (AP) _ H&R Block Inc. (HRB) on Tuesday reported a loss of $104.5 million in its fiscal third quarter.

On a per-share basis, the Kansas City, Missouri-based company said it had a loss of 50 cents. Losses, adjusted to account for discontinued operations, were 49 cents per share.

The tax preparer posted revenue of $451.9 million in the period.

H&R Block shares have dropped slightly more than 9 percent since the beginning of the year, while the Standard & Poor's 500 index has increased nearly 6 percent. In the final minutes of trading on Tuesday, shares hit $20.84, a fall of 26 percent in the last 12 month

H & R Block (HRB) reported earnings Wed 7 Dec 2016 (a/h)

** charts before earnings **

** charts after earnings **

• 2 weeks later:

H & R Block beats by $0.01, beats on revs :

• Reports Q2 (Oct) loss of $0.67 per share, excluding non-recurring items, $0.01 better than the Capital IQ Consensus of ($0.68); revenues rose 2.3% year/year to $131.3 mln vs the $126.76 mln Capital IQ Consensus, partially as a result of favorable foreign exchange rates and tax preparation revenues in international operations. Additionally, deferred revenue recognition from increased Peace of Mind product sales in prior fiscal years also positively impacted revenues. These increases were partially offset by lower domestic tax preparation revenues as well as the impact of the divestiture of H&R Block Bank.
• "Our expense reduction efforts are starting to bear results," said Tony Bowen, H&R Block's chief financial officer. "These reductions will enable us to fund client growth initiatives to deliver a successful fiscal year 2017."

HRB — is it a buy?

• 11/11/16:  Is HRB a buy?

• 5 days later:

H & R Block (HRB) reported earnings Tue 30 Aug 2016 (a/h)

** charts after earnings **

 

• Q1 EPS and revenue misses.

H & R Block (HRB) reported earnings Thur 9 June 2016 (a/h)

** charts after earnings **

• Reported mostly in-line quarterly results and announced a 10% increase to its quarterly dividend

H & R Block (HRB) reported earnings Thur 3 March 2016 (a/h)

** charts after earnings **

6 weeks later

• After the market closed on Thursday 3/3/16, the tax preparation and related services provider posted a net loss of $0.34 per share, $0.10 worse than expected, on revenue of $475 million, which was not only down by 6.7% year-over-year, but also missed expectations by $26.78 million. First Eagle Investment Management disclosed ownership of 5.7 million shares of H & R Block Inc (NYSE:HRB) valued at roughly $190 million as of the end of the fourth quarter of 2015.
• Downgraded to Market Perform from Outperform at BMO Capital.

HRB — is it a buy?

• $35 on Oct 16

• 2 weeks later: HRB reached $37