H&R Block Announces Fiscal 2016 First Quarter Results

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Wedbush Raises Price Target on H&R Block (HRB) Following Completion of Bank Disposition

September 2, 2015 7:59 AM EDT

Wedbush reiterated an Outperform rating on H&R Block (NYSE: HRB), and raised the price target to $46.00 (from $44.00), following the completion of Bank Disposition. In addition to the bank sale, company announced a modified Dutch auction tender offer commencing on 9/2 for $1.5 billion of stock with a new long-term buyback authorization of $3.5... More

H&R Block (HRB) PT Bumped to $44 at Piper Jaffray on Early Bank Deal Closing and Buyback

September 2, 2015 7:40 AM EDT

Piper Jaffray analyst George Tong reiterated an Overweight rating and bumped his price target on H&R Block (NYSE: HRB) to $44.00 (from $43.00) as the bank divestiture closes ahead of schedule and the company announced a new $3.5 billion stock buyback plan.

Tong... More

H&R Block (HRB) Tops Q1 EPS by 5c

September 1, 2015 4:07 PM EDT

H&R Block (NYSE: HRB) reported Q1 EPS of ($0.35), $0.05 better than the analyst estimate of ($0.40). Revenue for the quarter came in at $138 million versus the consensus estimate of $136 million.

"We are pleased that we have successfully closed the bank transaction and are... More