H&R Block Earnings Preview

H&R Block HRB is set to release its quarterly earnings results after the closing bell on Thursday. Ahead of this report, the shares have lost around 0.75% and are trading at $15.94. Wall Street analysts are anticipating the company will report earnings per share of $2.15. In the year ago period, HRB reported EPS of $2.11. Consensus revenue estimates are $2.32 billion going into the report. This compares to $2.34 billion in the year ago period. This quarter is by far the most important of the fiscal year for HRB, as it includes tax season which is when the company generates most of its income. For this reason, the stock may be volatile after the numbers are released. Earnings estimates have been holding steady for HRB in the last 3 months, indicating that analysts are not likely looking for any big surprises, either to the upside or downside. Over the last 3 months, HRB shares have lost 2.09%.