Earnings Report: H&R Block Gains as Q4 EPS Beats Estimates

Jun 25, 2010 -- H&R Block Inc (HRB) is on the rise as it earnings per share beat Wall Street's expectations, even though its fourth quarter profit fell slightly.

The tax preparation group posted a profit of $690.8 million, or $2.10 a share, compared to a profit of $706.9 million, or $2.08 a share, during the same period a year ago. Revenue fell by 5.2% to $2.34 billion. Analysts polled by Thomson Reuters had expected earnings of $2.04 on revenue of $2.34 million.

Shares in the Kansas City-based company opened at $15.06, and have traded between $14.88 and $23.23 over the past 12 months.

Companies: H&R Block Inc Price: 15.58 Price Change: +0.62 Percent Change: +4.14

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