H & R Block Inc Shares Surge Following Market-Beating Q4 Results

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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.

Bills apparently in the market for former Ravens RT Ricky Wagner
A fifth-round pick in 2013, Wagner became the team's starting right tackle in 2014 when Michael Oher departed in free agency. But Bob Quinn was determined to fortify the Lions' offensive line, and was willing to offer top dollar to do it.

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.