H&R Block is a well-known provider of tax preparation services, helping individuals and businesses navigate the complexities of tax filing and financial management
The company offers a range of services, including in-person tax assistance at its numerous retail locations, online tax filing software, and virtual tax preparation options. In addition to tax services, H&R Block also provides financial products such as refund advance loans and investment advising, aiming to make the tax process more accessible and less stressful for customers. Through its commitment to customer service and expertise in tax-related issues, H&R Block plays a significant role in personal and small business finance.
As the Q3 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the specialized consumer services industry, including Mister Car Wash (NYSEMCW) and its peers.
Since July 2024, H&R Block has been in a holding pattern, posting a small return of 2.5% while floating around $54.32. This is close to the S&P 500’s 6.1% gain during that period.
Looking back on specialized consumer services stocks’ Q3 earnings, we examine this quarter’s best and worst performers, including Pool (NASDAQPOOL) and its peers.
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q3. Today, we are looking at specialized consumer services stocks, starting with H&R Block (NYSEHRB).
Tax preparation company H&R Block (NYSEHRB) reported Q3 CY2024 results beating Wall Street’s revenue expectations, with sales up 5.4% year on year to $193.8 million. The company expects the full year’s revenue to be around $3.72 billion, close to analysts’ estimates. Its GAAP loss of $1.24 per share was also 2.4% above analysts’ consensus estimates.
