H&R Block Shares Many Happy Returns as Profits, Sales Soar

Now watching

Next video starts in : 7 Play

H&R Block Shares Many Happy Returns as Profits, Sales Soar

H&R Block Shares Many Happy Returns as Profits, Sales Soar
Replay video
Up next

Campbell Soup Earnings, CPI: What to Watch on Wall Street May 22

Unlock your personal NFL Now stream by signing in to NFL.com

H&R Block Shares Many Happy Returns as Profits, Sales Soar

by TheStreet 0:57 mins

H&R Block Shares Many Happy Returns as Profits, Sales Soar

by TheStreet 0:57 mins

H&R Block is climbing higher in Wednesday's session after the consumer tax services company finished its fiscal year on a high. After shedding its brokerage and mortgage segments earlier in the year, the slimmed-down accounting firm pinned its hopes on tax season to make up for a weaker first, second and third quarter. H&R Block posted profits of $3.24 a share, beating analysts' estimates by a penny. Revenue surged 16% to $2.56 billion, $71.5 million higher than expectations. Increased services prices helped to offset a drop in total number of returns prepared. Keris Lahiff reports from Wall Street.

TheStreet

Personal Finance

  1. 2:23

    3 strategies that can help simplify your life

  2. 2:14

    Would you give your dog your kidney?

  3. 2:14

    5 unique summer jobs that pay great

  4. 1:03

    Money Minute: What employers are really looking for

  5. 2:31

    CEO cashes out to become a farmer

  6. 2:39

    Meet "The Contest Queen" who won over $250,000 in prizes