Back to top
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
H&R Block, Inc. (HRB) - free report >>
NV5 Global, Inc. (NVEE) - free report >>
We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
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.
H&R Block, Inc. (HRB) - free report >>
NV5 Global, Inc. (NVEE) - free report >>
Image: Bigstock
H&R Block (HRB) to Post Q3 Earnings: What's in the Offing?
H&R Block, Inc. (HRB - Free Report) is scheduled to report third-quarter fiscal 2020 results on Mar 5, after the bell.
The company has an impressive earnings surprise history. It surpassed the Zacks Consensus Estimate in three of the trailing four quarters and missed the same in the remaining quarter, delivering a positive surprise of 1.9%, on average.
The company’s shares have decreased 8.2% over the past year, compared with 2.1% decline of the industry it belongs to.
Q3 Expectations
The Zacks Consensus Estimate for revenues in the to-be-reported quarter is pegged at $489 million, indicating year-over-year growth of 4.4%. Contribution from Wave Financial acquisition, and strong volume and share growth in both U.S. Assisted and DIY are likely to have benefited the top line.
In second-quarter fiscal 2020, revenues of $160.8 million increased 8% year over year.
The consensus estimate for the bottom line is pegged at a loss of 54 cents, indicating a decrease from a loss of 58 cents incurred in the year-ago quarter. Increased tax benefit and lower occupancy cost are likely to have offset the impacts of Wave Financial’s operating loss and technology-related expenses.
In second-quarter fiscal 2020, adjusted loss of 85 cents per share increased 2.4% year over year.
Zacks Rank & Other Stocks to Consider
H&R Block currently carries a Zacks Rank #2 (Buy).
Some other top-ranked stocks in the broader Zacks Business Services sector are S&P Global (SPGI - Free Report) , NV5 Global (NVEE - Free Report) and TransUnion (TRU - Free Report) , each carrying a Zacks Rank #2. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Long-term earnings (three to five years) growth rate for S&P Global, NV5 Global and TransUnion is estimated at 10%, 20% and 12.9%, respectively.
5 Stocks Set to Double
Each was hand-picked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2020. Each comes from a different sector and has unique qualities and catalysts that could fuel exceptional growth.
Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.
Today, See These 5 Potential Home Runs >>