H&R Block (HRB) Tops Q3 EPS by 12c; Reiterates Outlook

H&R Block (NYSE: HRB) reported Q3 EPS of ($1.17), $0.12 better than the analyst estimate of ($1.29). Revenue for the quarter came in at $308 million versus the consensus estimate of $373.45 million.

"We're taking steps to build the capabilities necessary to execute on our Block Horizons strategy, as we continue to innovate in consumer tax, grow awareness of our small business offerings, and build out our financial products platform," said Jeff Jones, H&R Block’s president and chief executive officer. “Despite seeing a delay to the start of the tax season, we’re well positioned to finish the fiscal year strong and to continue on our path toward long-term sustainable growth."

GUIDANCE:

Company reiterates its revenue growth and earnings outlook for the fiscal year

For earnings history and earnings-related data on H&R Block (HRB) click here.

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