H & R Block Inc (HRB) Releases Earnings Results, Misses Expectations By $-0.01 EPS

H & R Block Inc (HRB) reported quarterly earnings results on Thursday, Jun-9-2016. The company reported $3.16 earnings per share for the quarter, missing the analyst consensus estimate by $-0.01. Analysts had a consensus of $3.17. The company posted revenue of $2297.50 million in the period, compared to analysts expectations of $2282.50 million. The company’s revenue was down -.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.73 EPS.

Many Wall Street Analysts have commented on H & R Block Inc. H & R Block Inc was Initiated by Sterne Agee CRT to “Neutral” on Mar 22, 2016.

H & R Block Inc closed down -0.07 points or -0.32% at $21.52 with 38,79,150 shares getting traded on Tuesday. Post opening the session at $21.58, the shares hit an intraday low of $21.47 and an intraday high of $21.7965 and the price fluctuated in this range throughout the day.Shares ended Tuesday session in Red.

In a different news, on Dec 31, 2015, Gregory J Macfarlane (Chief Financial Officer) sold 265,778 shares at $33.51 per share price. According to the SEC, on Dec 18, 2015, Jeffrey Brown (Chief Accounting and Risk Offi) sold 50,000 shares at $33.30 per share price. On Dec 14, 2015, Jason Houseworth (President, US Tax Product Str) sold 63,375 shares at $32.81 per share price, according to the Form-4 filing with the securities and exchange commission.

H&R Block Inc. (H&R Block) is a holding company. The Company through its subsidiaries provides tax preparation and other services. The Company provides assisted income tax return preparation digital do-it-yourself (DIY) tax solutions and other services and products related to income tax return preparation to the general public primarily in the United States and its territories Canada and Australia. The Company offers a range of online tax services from tax advice to complete professional and DIY tax return preparation and electronic filing through its Website at www.hrblock.com. Services available at this Website allow clients to prepare their federal and state income tax returns using online tax program access tax tips advice and tax-related news and use calculators for tax planning. The Company develops and markets DIY desktop income tax preparation software. It develops and offers applications for mobile devices which provide tax and related services to clients.

H & R Block Inc

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