The company reported ($0.49) EPS for the quarter, beating analysts' consensus estimates of ($0.52) by $0.03.
Intuit too delivered stellar earnings for its second quarter last month, with an EPS beat and reiterated full-year outlook.Total QuickBooksoOnline subscribers grew 49 percent to more than 1.87 million. About shares traded. First Trust Small Cap Cr AlphaDEXFd (ETF) (NASDAQ:FYX) has risen 10.20% since August 1, 2016 and is uptrending. Midas Management holds 0.48% or 43,900 shares in its portfolio.
Annual earnings per share (EPS) growth noted at 3.80% in past 5 Years and Long-term annual earnings per share (EPS) growth is expected to reach 10.00% in coming 5 years. It dived, as 44 investors sold H & R Block Inc shares while 128 reduced holdings.
H&R Block, Inc. (NYSE:HRB) tumbled -8.74% year-to-date. Virtus Investment Advisers Inc. bought a new position in shares of H & R Block during the third quarter worth approximately $131,000. Perhaps the most bullish part of Tuesday's report was the company's surprising market share gain. A rating of 4 or 5 would represent a Sell recommendation. H & R Block has a 12-month low of $19.18 and a 12-month high of $29.81.
Exxon Mobil to Invest $20 Billion in US, Projects 45K Jobs Created
Woods last week announced Exxon's plans to spend $5.5 billion on drilling in the Permian and Bakken regions. The project is expected to generate $20 billion in economic activity in Texas and Louisiana.
The mean revenue estimate for the current fiscal period ending March 2017 is $2.81B by 3 brokerage firms. The current consensus recommendation provided by covering analysts is 2.90. Credit Suisse Group AG reiterated a "hold" rating and issued a $24.00 price objective on shares of H & R Block in a research note on Monday, December 19th.
Tax preparer H & R Block Inc (NYSE:HRB) posted a wider loss in its latest quarter, with the company saying tax season is getting under way at a slower pace than usual, though its results handily exceeded Wall Street expectations, boosting shares. The business's revenue for the quarter was down 4.8% on a year-over-year basis. If you are reading this article on another publication, it was illegally stolen and reposted in violation of United States & worldwide trademark & copyright laws. Zacks Investment Research cut H & R Block from a "hold" rating to a "sell" rating in a research note on Friday, February 10th. Investors of record on Tuesday, March 14th will be paid a dividend of $0.22 per share. The correct version of this article can be read at https://www.chaffeybreeze.com/2017/03/08/h-r-block-inc-expected-to-earn-q3-2017-earnings-of-0-77-per-share-hrb.html. H & R Block's dividend payout ratio (DPR) is presently 57.14%. The 1-year price target of the company is 23.43.
The company also unveiled that it is on Donald Trump's side regarding his tax reform plans as H&R Block believes the move will help citizens, despite a lot of uncertainty surrounding the plans. The table below shows that H&R Block volume declined at a rate lower than that of the industry, in the categories of assisted tax preparation services and do-it-yourself products.