Investing.com - H&R Block reported on Tuesday fourth quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
H&R Block announced earnings per share of $5.16 on revenue of $2.33B. Analysts polled by Investing.com anticipated EPS of $5.07 on revenue of $2.35B.
H&R Block shares are up 59% from the beginning of the year, still down 3.70% from its 52 week high of $26.23 set on June 14. They are outperforming the S&P 500 which is up 13.11% from the start of the year.
H&R Block follows other major Services sector earnings this month
H&R Block's report follows an earnings beat by Walmart on May 18, who reported EPS of $1.69 on revenue of $138.31B, compared to forecasts EPS of $1.21 on revenue of $132.16B.
Home Depot had beat expectations on May 18 with first quarter EPS of $3.86 on revenue of $37.5B, compared to forecast for EPS of $3.08 on revenue of $34.82B.
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