H&R Block (NYSE:HRB) reported on Tuesday fourth quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
H&R Block announced earnings per share of $3.01 on revenue of $1.81B. Analysts polled by anticipated EPS of $2.82 on revenue of $1.84B.
H&R Block shares are down 23% from the beginning of the year , still down 39.13% from its 52 week high of $29.62 set on July 1, 2019. They are under-performing the S&P 500 which is down 3.28% year to date.
H&R Block follows other major Services sector earnings this month
H&R Block's report follows an earnings beat by Alibaba ADR on May 22, who reported EPS of $9.2 on revenue of $114.31B, compared to forecasts EPS of $6.05 on revenue of $107.45B.
Walmart had beat expectations on May 19 with first quarter EPS of $1.18 on revenue of $134.62B, compared to forecast for EPS of $1.12 on revenue of $132.69B.
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