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.
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 $1.61, which is worse than the estimate ninety days ago.
Here’s how H&r Block has been performing on an annual basis:
|Revenue ($) 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|
H&r Block has beat analyst estimates 2 times in the past four quarters. This is not consistent enough to get bullish yet.
“E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our successful CHEAT SHEET investing framework. Don’t waste another minute – click here to discover our CHEAT SHEET stock picks now!
(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)