Breaking News

Over a week ago
Show Full Stories

X

To view all stories in expanded form, please subscribe.
Send Info
Recommendations
H&R Block could reactively negatively to Week 1 tax return numbers, says BMO » 14:04
02/07/20
02/07
14:04
02/07/20
14:04
HRB

H&R Block

$22.41 /

-0.82 (-3.53%)

BMO Capital analyst…

BMO Capital analyst Jeffrey Silber reiterated a Market Perform rating and $25 price target on H&R Block. Silber said that, in Week 1, the number of individual tax returns received and processed fell 1.6% and 2.7% year-over-year. The analyst noted that most had expected a "stronger" start, given fiscal 2019's 1st week was just after the government shutdown and included tax reform uncertainty. Silber added that while one week doesn't make a trend, H&R Block could react negatively to the news. The analyst also noted that, as is typical with early season, self-prepared returns volumes outpaces those filed by tax professionals, though the shifts towards more self-prepared on a year-over-year basis continues.

ShowHide Related Items >><<
03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

Over a month ago
Conference/Events
H&R Block management to meet with Oppenheimer » 04:55
01/22/20
01/22
04:55
01/22/20
04:55
HRB

H&R Block

$24.34 /

-0.145 (-0.59%)

Meetings to be held in…

Meetings to be held in Europe on January 20-22 hosted by Oppenheimer.

ShowHide Related Items >><<
03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

Conference/Events
H&R Block management to meet with Oppenheimer » 04:55
01/21/20
01/21
04:55
01/21/20
04:55
HRB

H&R Block

$24.48 /

-0.48 (-1.92%)

Meetings to be held in…

Meetings to be held in Europe on January 20-22 hosted by Oppenheimer.

ShowHide Related Items >><<
03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

Conference/Events
H&R Block management to meet with Oppenheimer » 04:55
01/20/20
01/20
04:55
01/20/20
04:55
HRB

H&R Block

$24.48 /

-0.48 (-1.92%)

Meetings to be held in…

Meetings to be held in Europe on January 20-22 hosted by Oppenheimer.

ShowHide Related Items >><<
03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

Conference/Events
H&R Block management to meet with Oppenheimer » 07:46
01/16/20
01/16
07:46
01/16/20
07:46
HRB

H&R Block

$24.54 /

+0.61 (+2.55%)

Meetings to be held in…

Meetings to be held in Europe on January 20-22 hosted by Oppenheimer.

ShowHide Related Items >><<
03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

General News
IRS announces agreement with Free File to help tax payers » 16:46
12/30/19
12/30
16:46
12/30/19
16:46
HRB

H&R Block

$23.37 /

-0.02 (-0.09%)

, INTU

Intuit

$262.82 /

-4.25 (-1.59%)

The IRS said in a press…

The IRS said in a press release: "The Internal Revenue Service announced an agreement with Free File, FFI, designed to bring more clarity for taxpayers choosing to use free online software during the 2020 filing season. The agreement reached will help make the Free File program more taxpayer-friendly while strengthening consumer protections in several key areas. "This updated agreement is part of a larger effort by the IRS to help taxpayers meet their tax obligations," said IRS Commissioner Chuck Rettig. "It continues to show the partnership we enjoy with the Free File partners and the commitment we both share in helping taxpayers since the program's creation 18 years ago. The improved process will make Free File stronger and give taxpayers another reason to consider this valuable software option.""The IRS and FFI will also continue to work together to identify and explore ways to better help low- to moderate-income taxpayers and to pursue meaningful opportunities to enhance taxpayer awareness and use of the Free File Program beyond the 2020 filing season," Rettig added. ach year, Free File partners, acting through FFI, offer their software free to eligible taxpayers. Any taxpayer earning $69,000 or less can find one or more free commercial software products available by visiting IRS.gov/freefile. Some providers offer both free federal and free state tax preparation. Active duty military personnel with incomes of $69,000 or less may use a Free File software product of their choice without regard to other criteria." Companies that may be impacted include H&R Block (HRB) and Intuit (INTU). Reference Link

ShowHide Related Items >><<
03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

Hot Stocks
Jupiter Asset Management reports 5.22% passive stake in H&R Block » 17:03
12/20/19
12/20
17:03
12/20/19
17:03
HRB

H&R Block

$23.62 /

+0.175 (+0.75%)

Jupiter Asset Management…

Jupiter Asset Management disclosed a 5.22% stake in H&R Block, which represents over 10.19M shares. The filing does not allow for activism.

ShowHide Related Items >><<
03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

Earnings
H&R Block reports Q2 cont. ops. EPS (93c), consensus (92c) » 16:22
12/04/19
12/04
16:22
12/04/19
16:22
HRB

H&R Block

$23.42 /

-0.19 (-0.80%)

Reports Q2 revenue…

Reports Q2 revenue $160.8M, consensus $161.06M. "We've made significant progress to digitally enable all facets of our business to deliver expertise and care in new and compelling ways," said Jeff Jones, H&R Block's president and chief executive officer. "These efforts, along with Wave and our momentum from last year, position us well to deliver for this fiscal year and for the long term."

ShowHide Related Items >><<
03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

Over a quarter ago
Initiation
Jefferies initiates Diversifed Services sector » 18:42
11/21/19
11/21
18:42
11/21/19
18:42
CTAS

Cintas

$253.61 /

-5.78 (-2.23%)

, BFAM

Bright Horizons

$148.62 /

-3.92 (-2.57%)

, ARMK

Aramark

$42.42 /

-1.37 (-3.13%)

, HRB

H&R Block

$24.34 /

-0.15 (-0.61%)

, BV

BrightView

$16.79 /

-2.525 (-13.08%)

, ROL

Rollins

$35.77 /

-0.8 (-2.19%)

, SERV

ServiceMaster

$36.16 /

-0.42 (-1.15%)

Jefferies analyst Hamzah…

Jefferies analyst Hamzah Mazari initiated select names across Diversified Services as part of his broader research note covering the Business Services industry. The analyst has a Buy rating on Cintas (CTAS) with a $308 price target, Bright Horizons (BFAM) with a $177 price target, BrightView (BV) with a $23 price target, and ServiceMaster (SERV) with a $43 price target. Mazari likes the M&A potential and employment decoupling at Cintas, revenue growth visibility and cross selling opportunity at Bright Horizons, low organic growth expectations and free cash flow potential at BrightView, and underappreciated international growth opportunity at ServiceMaster. The analyst also rates Aramark (ARMK), H&R Block (HRB), and Rollins (ROL) at Hold with respective $49, $28, and $38 price targets, noting that Aramark expectations are "too high" on activist involvement, H&R Block suffers from lack of catalysts, and Rollins' M&A potential appears to be "baked in" to its valuation.

ShowHide Related Items >><<
03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

Initiation
H&R Block initiated with a Hold at Jefferies » 17:45
11/21/19
11/21
17:45
11/21/19
17:45
HRB

H&R Block

$24.34 /

-0.15 (-0.61%)

Jefferies analyst Hamzah…

Jefferies analyst Hamzah Mazari initiated coverage of H&R Block with a Hold rating and $28 price target.

ShowHide Related Items >><<
03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

Get Full Fly Access

Breaking market intelligence sent straight to you
Our team of experts analyze every news story and filter out the noise to deliver real-time market moving news.
Up-to-date information on important industry events
Get real-time updates on events that are moving the market—from conferences and calls to syndicate announcements.
News focused on the companies in your portfolio
Create up to 12 portfolios with 150 stocks each, and see how active they are in market news.