Loading...
•
Jan 31, 2020
H&R Block Q3 2020 Earnings Report
H&R Block's Q3 2020 results reflected revenue growth driven by improved tax return volumes and strategic acquisitions, but increased operating expenses led to a higher net loss.
Key Takeaways
H&R Block announced its fiscal 2020 third quarter results, reporting an 11% increase in revenue to $519 million. However, the loss per share increased to $0.66, and adjusted loss per share increased to $0.59. The company reiterated its full fiscal year financial outlook, and during the quarter, repurchased 2.8 million shares at a total cost of $66 million.
Revenues increased by 11% to $519 million due to improved tax return volumes and acquisitions.
Loss per share increased to $0.66, and adjusted loss per share increased to $0.59.
The company reiterated its revenue growth and margin outlook for the full fiscal year.
H&R Block repurchased 2.8 million shares for $66 million in Q3 2020.
Revenue by Segment
Revenue by Geographic Location
Forward Guidance
H&R Block reiterated its revenue growth and margin outlook for the full fiscal year.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...