15.08.2023 22:15:04 - dpa-AFX: H&R Block Inc. Q4 Profit Increases, beats estimates
WASHINGTON (dpa-AFX) - H&R Block Inc. (HRB) announced a profit for its
fourth quarter that increased from the same period last year and beat the
Street estimates.
The company's bottom line totaled $302.27 million, or $1.96 per share. This
compares with $222.70 million, or $1.36 per share, in last year's fourth
quarter.
Excluding items, H&R Block Inc. reported adjusted earnings of $315.22 million or
$2.05 per share for the period.
Analysts on average had expected the company to earn $1.88 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.
The company's revenue for the quarter fell 1.9% to $1.03 billion from $1.05
billion last year.
H&R Block Inc. earnings at a glance (GAAP) :
-Earnings (Q4): $302.27 Mln. vs. $222.70 Mln. last year.
-EPS (Q4): $1.96 vs. $1.36 last year.
-Analyst Estimate: $1.88
-Revenue (Q4): $1.03 Bln vs. $1.05 Bln last year.
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