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H&R Block’s stock pops as earnings, forecast beat Street

Clyde Edgerton by Clyde Edgerton
August 15, 2023
in Markets
H&R Block’s stock pops as earnings, forecast beat Street
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H&R Block Inc. HRB shares rallied in the extended session Tuesday after the tax-prep company reported earnings and a forecast that topped Wall Street expectations, and hiked its dividend. H&R Block rallied as much as 7% after hours, following a 0.5% gain to close the regular session at $35.35. The company reported fourth-quarter net income of $302.3 million, or $1.96 a share, compared with $222.7 million, or $1.36 a share, in the year-ago period. Adjusted earnings, which exclude stock-based compensation expenses and other items, were $2.05 a share, compared with $1.43 a share in the year-ago period. Revenue declined…



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