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
CVX Earnings: Chevron reports lower revenue and profit for Q3 2024
Energy exploration company Chevron Corporation (NYSE: CVX) on Friday announced third-quarter 2024 financial results, reporting a decline in net profit and revenues. Net income attributable to Chevron Corporation dropped to
Key highlights from Exxon Mobil Corporation’s (XOM) Q3 2024 earnings results
Exxon Mobil Corporation (NYSE: XOM) reported its third quarter 2024 earnings results today. Total revenues and other income remained relatively flat at $90 billion compared to the same period a
AAPL Earnings: Apple Q4 2024 sales rise 6% YoY, beat estimates
Apple Inc. (NASDAQ: AAPL) reported an increase in revenues for the fourth quarter of 2024. The top line came in above estimates. The gadget giant generated revenues of $94.9 billion
