H&R Block Thrives on Brand Strength, Faces Competition and Cyclicality
BLOCK(SQ) ZACKS·2024-10-11 22:05
H&R Block, Inc. (HRB) is currently benefiting from strong brand recognition and digital expansion but faces increased competition and seasonal revenue concentration, impacting overall financial performance stability.The company reported impressive fourth-quarter fiscal 2024 results, wherein both earnings and revenues surpassed the Zacks Consensus Estimate.Adjusted earnings of $1.9 per share surpassed the Zacks Consensus Estimate by 10.5% but declined 7.8% from the year-ago quarter. Revenues of $1.1 billion ...