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
Charles Schwab Corp. (SCHW) Q3 earnings beat estimates amid 87% revenue growth
Financial services company The Charles Schwab Corporation (NYSE: SCHW) on Friday reported strong revenue and earnings growth for the third quarter. The numbers also beat Wall Street's forecast. Third-quarter revenues
GS Earnings: All you need to know about Goldman Sachs’ Q3 2021 earnings results
The Goldman Sachs Group, Inc. (NYSE: GS) reported third quarter 2021 earnings results today. Revenues increased 26% year-over-year to $13.61 billion. Net earnings applicable to common shareholders increased 63% YoY
PNC Financial Services (PNC) Q3 Earnings: Key financials and quarterly highlights
The PNC Financial Services Group, Inc. (NYSE: PNC) reported third-quarter 2021 earnings results today. Revenues were up 21% year-over-year to $5.1 billion compared to the previous year. Net income attributable
