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
Kraft Heinz reports Q2 earnings: Infographic
The Kraft Heinz Company (NASDAQ: KHC) reported second-quarter 2021 financial results before the regular market hours on Wednesday. The food company reported Q2 revenue of $6.62 billion, down 0.5% year-over-year
GM Earnings: Key quarterly highlights from General Motors Q2 financial results
General Motors Co. (NYSE: GM) reported second quarter 2021 earnings results today. Total revenue rose to $34.2 billion from $16.8 billion in the same period last year. GAAP net income
CVS Health Corp. (CVS) Earnings: 2Q21 Key Numbers
VS Health Corporation (NYSE: CVS) reported second-quarter 2021 earnings results today. Total revenues increased 11.1% to $72.6 billion compared to the same period last year, driven by growth across all
