We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
What Analyst Projections for Key Metrics Reveal About H&R Block (HRB) Q4 Earnings
Read MoreHide Full Article
Analysts on Wall Street project that H&R Block (HRB - Free Report) will announce quarterly earnings of $1.71 per share in its forthcoming report, representing a decline of 16.6% year over year. Revenues are projected to reach $1.04 billion, increasing 0.4% from the same quarter last year.
The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.
Before a company announces its earnings, it is essential to take into account any changes made to earnings estimates. This is a valuable factor in predicting the potential reactions of investors toward the stock. Empirical research has consistently shown a strong correlation between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors typically rely on consensus earnings and revenue estimates to gauge how the business may have fared during the quarter, examining analysts' projections for some of the company's key metrics often helps gain a deeper insight.
In light of this perspective, let's dive into the average estimates of certain H&R Block metrics that are commonly tracked and forecasted by Wall Street analysts.
Based on the collective assessment of analysts, 'Revenues- U.S. assisted tax preparation' should arrive at $651.86 million. The estimate points to a change of +2.4% from the year-ago quarter.
Analysts predict that the 'Revenues- U.S. royalties' will reach $43.23 million. The estimate suggests a change of -12.3% year over year.
The average prediction of analysts places 'Revenues- U.S. DIY tax preparation' at $137.04 million. The estimate indicates a year-over-year change of +3.5%.
The consensus among analysts is that 'Revenues- International' will reach $78.64 million. The estimate suggests a change of -0.3% year over year.
The consensus estimate for 'Revenues- Refund Transfers' stands at $18.51 million. The estimate indicates a change of -19.9% from the prior-year quarter.
The combined assessment of analysts suggests that 'Revenues- Tax Identity Shield' will likely reach $17.15 million. The estimate indicates a change of -9.9% from the prior-year quarter.
Analysts' assessment points toward 'Revenues- Peace of Mind Extended Service Plan' reaching $36.12 million. The estimate suggests a change of -0.6% year over year.
Analysts forecast 'Revenues- Other' to reach $16.90 million. The estimate indicates a change of +3% from the prior-year quarter.
According to the collective judgment of analysts, 'Revenues- Wave' should come in at $25.62 million. The estimate indicates a change of +8.3% from the prior-year quarter.
It is projected by analysts that the 'Revenues- Emerald Card' will reach $11.35 million. The estimate points to a change of -30% from the year-ago quarter.
Shares of H&R Block have demonstrated returns of +6.9% over the past month compared to the Zacks S&P 500 composite's -4.5% change. With a Zacks Rank #2 (Buy), HRB is expected to beat the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
What Analyst Projections for Key Metrics Reveal About H&R Block (HRB) Q4 Earnings
Analysts on Wall Street project that H&R Block (HRB - Free Report) will announce quarterly earnings of $1.71 per share in its forthcoming report, representing a decline of 16.6% year over year. Revenues are projected to reach $1.04 billion, increasing 0.4% from the same quarter last year.
The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.
Before a company announces its earnings, it is essential to take into account any changes made to earnings estimates. This is a valuable factor in predicting the potential reactions of investors toward the stock. Empirical research has consistently shown a strong correlation between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors typically rely on consensus earnings and revenue estimates to gauge how the business may have fared during the quarter, examining analysts' projections for some of the company's key metrics often helps gain a deeper insight.
In light of this perspective, let's dive into the average estimates of certain H&R Block metrics that are commonly tracked and forecasted by Wall Street analysts.
Based on the collective assessment of analysts, 'Revenues- U.S. assisted tax preparation' should arrive at $651.86 million. The estimate points to a change of +2.4% from the year-ago quarter.
Analysts predict that the 'Revenues- U.S. royalties' will reach $43.23 million. The estimate suggests a change of -12.3% year over year.
The average prediction of analysts places 'Revenues- U.S. DIY tax preparation' at $137.04 million. The estimate indicates a year-over-year change of +3.5%.
The consensus among analysts is that 'Revenues- International' will reach $78.64 million. The estimate suggests a change of -0.3% year over year.
The consensus estimate for 'Revenues- Refund Transfers' stands at $18.51 million. The estimate indicates a change of -19.9% from the prior-year quarter.
The combined assessment of analysts suggests that 'Revenues- Tax Identity Shield' will likely reach $17.15 million. The estimate indicates a change of -9.9% from the prior-year quarter.
Analysts' assessment points toward 'Revenues- Peace of Mind Extended Service Plan' reaching $36.12 million. The estimate suggests a change of -0.6% year over year.
Analysts forecast 'Revenues- Other' to reach $16.90 million. The estimate indicates a change of +3% from the prior-year quarter.
According to the collective judgment of analysts, 'Revenues- Wave' should come in at $25.62 million. The estimate indicates a change of +8.3% from the prior-year quarter.
It is projected by analysts that the 'Revenues- Emerald Card' will reach $11.35 million. The estimate points to a change of -30% from the year-ago quarter.
View all Key Company Metrics for H&R Block here>>>
Shares of H&R Block have demonstrated returns of +6.9% over the past month compared to the Zacks S&P 500 composite's -4.5% change. With a Zacks Rank #2 (Buy), HRB is expected to beat the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>