Q1 Earnings Preview For H&R Block

On Wednesday, August 28, H&R Block HRB will release its latest earnings report. Benzinga's outlook for H&R Block is included in the following report.

Earnings and Revenue

Wall Street expects an EPS loss of 75 cents and sales around $151.35 million.

In the same quarter last year, H&R Block posted an EPS loss of 72 cents on sales of $145.18 million. The Wall Street consensus estimate for earnings would represent a 4.17% increase for the company. Sales would be up 4.25% from the same quarter last year. Here's how the company's reported EPS has stacked up against analyst estimates in the past:

Stock Performance

Over the last 52-week period, shares are up 2.61%. Given that these returns are generally positive, long-term shareholders can relax going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.

Over the past 90 days, analysts have generally adjusted their estimates lower for EPS and revenues. Analysts have been rating H&R Block stock as Neutral. The strength of this rating has maintained conviction over the past three months.