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HRB

H&R Block Inc.

5/24/2013, 2:34 AM ET

Quote & Headlines Market Currents StockTalk

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Wednesday, May 15, 9:30 AM Julian Robertson's Tiger Management unloaded the 42K Apple (AAPL) shares the firm still had going into Q1. Tiger, which has owned Apple for years, had pared its stake from 101K in Q4. On the other hand, Tiger initiated positions in Dunkin' Brands (DNKN - 546K shares), Monsanto (MON - 192K), McGraw Hill (MHP - 408K), and H&R Block (HRB - 849K). AAPL -1.1%. (13F) (Q4 hedge fund sales) 26 Comments [Tech]
Wednesday, April 10, 1:03 PM H&R Block (HRB +2.4%) rallies after Webush starts coverage with an Outperform and $33 PT. The firm touts H&R's "strong position in the assisted and online tax preparation markets," thinks the Affordable Care Act could lead to higher revenue/filing, and sees potential for the company's reloadable prepaid card business. Comment! [Financials, On the Move, Quick Ideas]
Tuesday, March 12, 5:29 PM The IRS says H&R Block (HRB) bungled more than 600K tax returns, impacting ~10% of the 6.6M returns containing Form 8863 used in claiming education credits; refunds for those taxpayers will be delayed by as much as six weeks. 11 Comments [Financials, Consumer]
Friday, March 8, 4:51 PM H&R Block's (HRB) 9.2% spike topped today's S&P 500 leaderboard and notched its best day in nearly four years despite posting below-consensus Q4 EPS. Oppenheimer says HRB's data points and upbeat guidance were "sufficiently strong to lead us to expect a strong full tax season result," and BTIG notes the 3.2% dividend “makes it an interesting total-return opportunity." Comment! [Financials, Consumer, On the Move]
Friday, March 8, 9:10 AM Premarket gainers: P +25%. TPX +9%. BVSN +7%. ANN +8%. CLSN +5%. HRB +5%.
Losers: SKUL -17%. MXWL -15%. MED -9%. GOL -6%. Comment! [On the Move]
Thursday, March 7, 5:41 PM More on H&R Block (HRB): FQ3 misses on all counts as total sales declined by 29% Y/Y. Net losses also widened as a delay to the start of the U.S. tax season negatively impacted its top line. Even so, the company only deferred $15M of revenue into FQ4, which doesn't even come close to mitigating its $91.6M shortfall for the current quarter. Gross margin also narrowed to 20% from 31.4%, due to the revenue decrease. Despite the miss, optimism over a potential pickup in U.S. tax volume has the stock +3.3% AH. 1 Comment [Financials, Earnings, On the Move]
Thursday, March 7, 4:21 PM H & R Block (HRB): Q4 EPS of -$0.22 misses by $0.19. Revenue of $472M misses by $91.6M. Shares +1.1% AH. (PR) 1 Comment [Earnings, Breaking News, On the Move]
Thursday, March 7, 12:10 AM Notable earnings after Thursday’s close: AMBA, BPZ, FNSR, HRB, MED, P, SKUL, SQNM, WDAY, WPRT, ZQK Comment! [Earnings]
Wednesday, March 6, 5:35 PM Notable earnings after Thursday’s close: AMBA, BPZ, FNSR, HRB, MED, P, SKUL, SQNM, WDAY, WPRT, ZQK Comment! [Earnings]
Wednesday, March 6, 3:48 PM H&R Block (HRB) declares $0.20/share quarterly dividend, in line with previous. Forward yield 3.17%. For shareholders of record Mar. 18. Payable Apr. 01. Ex-div date Mar. 14. (PR) Comment! [Dividends]
Thursday, December 6, 2012, 5:55 AM H&R Block (HRB): FQ2 EPS of -$0.37 beats by $0.03. Revenue of $137.2M (+6% Y/Y) beats by $7M. (PR) Comment! [Earnings]
Thursday, December 6, 2012, 12:05 AM Notable earnings before Thursday’s open: HRB, LULU, SFD, TD, TITN Comment! [Earnings]
Wednesday, December 5, 2012, 5:30 PM Notable earnings before Thursday’s open: HRB, LULU, SFD, TD, TITN Comment! [Earnings]
Monday, November 12, 2012, 12:07 PM H&R Block Inc. (HRB) declares $0.20/share quarterly dividend, in line with previous. Forward yield 4.49%. For shareholders of record Dec. 10. Payable Jan 2. Ex-div Dec. 6. (PR) Comment! [Dividends]
Wednesday, October 10, 2012, 8:51 AM H & R Block (HRB) considers "strategic alternatives" for its banking unit and has hired Goldman Sachs to advise. A sale of H & R Block Bank would, of course, free the company from being regulated by the Federal Reserve and tough new capital requirements. Shares -4.3% premarket. (PR) Comment! [Financials, On the Move]
Wednesday, September 5, 2012, 4:22 PM More on H&R Block (HRB): FQ1 meets on its EPS estimate but comes up short on its top line as total revenue dipped slightly Y/Y. Tax service revenue was negatively impacted by an extension to the year's Canadian tax season, while revenue in its corporate division were hit by lower interest income from its shrinking mortgage loan portfolio. Shares -0.3% AH. Comment! [Earnings, Financials]