H&R Block Earnings: What Investors Should Watch

H&R Block (NYSE:HRB) will report earnings after markets close on Wednesday, June 12th. H&R Block, Inc. provides a wide range of financial products and services through its subsidiaries. The Company provides tax services to the general public, accounting and consulting services, and consumer financial and personal productivity software. H&R Block provides its tax services to clients in the United States and other countries.

Here is your Cheat Sheet to H&r Block Earnings:

Earnings Expectations: Analysts expect earnings of $2.60 per share on revenues of $2.27 billion. Currently, the company’s P/E ratio stands at 22.20.

Analyst Trends:

Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a loss of $0.39 to a loss $0.4. For the current year, the average estimate is a profit of $1.61, which is worse than the estimate ninety days ago.

Earnings Trends:

Here’s how H&r Block has been performing on an annual basis:

Fiscal Year 2009 2010 2011 2012
Revenue ($) in millions 4,084 3,874 3,774 2,894
Diluted EPS ($) 1.45 1.43 1.31 0.89

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Apr. 30, 2012 Jul. 31, 2012 Oct. 31, 2012 Jan. 31, 2013
Revenue ($) in millions 2,000.67 96.49 137.26 471.98
Diluted EPS ($) 1.99 -0.39 -0.39 -0.07

Past Performance:
H&r Block has beat analyst estimates 2 times in the past four quarters. This is not consistent enough to get bullish yet.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)