Liberty Tax (TAX) Reports Q4 EPS of $1.89

Liberty Tax (Nasdaq: TAX) reported Q4 EPS of $1.89, versus $2.18 reported last year. Revenue for the quarter came in at $98.92 million, versus $103.57 million reported last year.

"Despite one of the most challenging tax seasons in recent memory, we continued our track record of increasing the number of taxpayers we served faster than the overall market," said John Hewitt, CEO. "Unfortunately, the revenue growth we expected from the Affordable Care Act (ACA) did not materialize and delays in implementation of immigration reform also impacted our revenue this year. However, we made significant investments related to the ACA and the launch of the SiempreTax+ brand, and we are uniquely prepared to capitalize on future industry growth."

For earnings history and earnings-related data on Liberty Tax (TAX) click here.

You May Also Be Interested In

• Walmart (WMT) PT Lowered to $130 at UBS on Investment Narrative's Competing Dynamics
• Vireo Growth completes acquisition of C21 Investments
• Is the global equity rally broadening? UBS weighs in