Investing.com - H&R Block reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
H&R Block announced earnings per share of $-1.17 on revenue of $308.23M. Analysts polled by Investing.com anticipated EPS of $-1.19 on revenue of $380.48M.
H&R Block shares are up 24% from the beginning of the year and are trading at $19.76 , down-from-52-week-high.They are outperforming the S&P 500 which is up 3.18% 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 missed by Walmart on February 18, who reported EPS of $1.39 on revenue of $152.08B, compared to forecasts EPS of $1.51 on revenue of $148.49B.
Walt Disney had beat expectations on February 11 with first quarter EPS of $0.32 on revenue of $16.25B, compared to forecast for EPS of $-0.3551 on revenue of $15.89B.
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