H&R Block Earnings beat, Revenue misses In Q1

  • Investing.com
H&R Block Earnings beat, Revenue misses In Q1

Investing.com - H&R Block (NYSE: HRB ) reported on Tuesday first quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.

H&R Block announced earnings per share of $0.55 on revenue of $601M. Analysts polled by Investing.com anticipated EPS of $0.36 on revenue of $628.29M.

H&R Block shares are down 37% from the beginning of the year and are trading at $14.63 , down-from-52-week-high.They are under-performing the S&P 500 which is up 9.16% from the start of the year.

H&R Block follows other major Services sector earnings this month

H&R Block's report follows an earnings beat by Alibaba ADR on Thursday, August 20, 2020, who reported EPS of $14.82 on revenue of $153.75B, compared to forecasts EPS of $13.82 on revenue of $148B.

Walmart had beat expectations on Tuesday, August 18, 2020 with second quarter EPS of $1.56 on revenue of $137.7B, compared to forecast for EPS of $1.25 on revenue of $135.57B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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