Categories AlphaGraphs, Earnings, Other Industries
H&R Block (HRB) swings to profit in Q1; revenue rise 300%
Tax service provider H&R Block (NYSE: HRB) reported its first quarter 2021 results after the bell today. While the non-GAAP earnings of $0.55 per share surpassed the market’s estimates, the revenue of $601 million in Q1 failed to meet the consensus estimates.
HRB shares were trading up about 2% immediately after its earnings announcement.
On the bottom line, the company reported a profit, both on GAAP and non-GAAP basis. Revenue climbed by 300% in the first quarter due to the extension of the US tax season and increased international tax preparation fees due to the extension of the Canadian tax season.
Also read: Will new business model help H&R Block (HRB) deal with the taxing times?
Most Popular
AAPL Earnings: Apple’s Q2 sales and profit beat estimates; iPhone sales down 10%
Apple Inc. (NASDAQ: AAPL) on Thursday reported better-than-expected profit and revenue for the second quarter of 2024. There was a 10% decrease in iPhone sales. The gadget giant reported revenues
Shopify (SHOP) is all set to report Q1 2024 results. Here’s what to expect
Over the years, Shopify Inc. (NYSE: SHOP) has steadily expanded its footprint in the online retail market through constant innovation, like the recent launch of a mobile POS device for
eBay (EBAY): A look at how the ecommerce company fared in Q1 2024
Shares of eBay Inc. (NASDAQ: EBAY) were down over 2% on Thursday. The company reported its earnings results for the first quarter of 2024 a day ago, with revenue and
