H & R Block Inc reports results for the quarter ended June 30 - Earnings Summary

• H & R Block Inc HRB.N reported quarterly adjusted earnings of $2.27​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $1.89. The mean expectation of four analysts for the quarter was for earnings of $2.83 per share. Wall Street expected results to range from $2.77 to $2.91 per share.

• Revenue rose 4.6% to $1.11 billion from a year ago; analysts expected $1.07 billion.

• H & R Block Inc's reported EPS for the quarter was $2.20​.

• The company reported quarterly net income of $299.44 million.

• H & R Block Inc shares had fallen by 0.8% this quarter and gained 3.0% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts was unchanged in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 2 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the personal services peer group is "buy."

• Wall Street's median 12-month price target for H & R Block Inc is $62.00, about 12.2% above its last closing price of $54.45

This summary was machine generated from LSEG data August 12 at 09:01 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)