H&R Block Falls Most Ever as Simpler Tax Code Weakens Forecast [MSN Money]
H&R Block, Inc. (HRB)
Last h&r block, inc. earnings: 3/5 04:15 pm
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Source: MSN Money
© David Paul Morris/Bloomberg A pedestrian walks past an H&R Block, Inc. office in San Francisco, California, U.S., on Friday, March 14, 2014. (Bloomberg) -- Not all corporations are happy about President Donald Trump’s tax overhaul: H&R Block Inc. shares plunged after an earnings call revealed that one of the main provisions in the law could limit how much the tax adviser charges customers. H&R Block dropped as much as 21 percent on Wednesday -- the most ever -- after its sales forecast disappointed. Management said it expects 2019 revenue of $3.05 billion to $3.1 billion. The average analyst estimate for the period was $3.14 billion. © Bloomberg Tax Trouble Trump’s overhaul slashed the corporate tax rate to 21 percent from 35 percent. But for H&R Block, the provision in the law that doubles the standard deduction for individual taxpayers could ultimately hurt its business. The number of U.S. tax returns H&R Block prepared increased by 2.5 percent last year com
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HRB
News
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- H&R Block customers faced outages ahead of tax day deadline [Yahoo! Finance]Yahoo! Finance
- 15 States with No or Low Income Tax Rates [Yahoo! Finance]Yahoo! Finance
HRB
Earnings
- 2/6/24 - Beat
HRB
Sec Filings
- 2/23/24 - Form 144/A
- 2/23/24 - Form 4
- 2/23/24 - Form 144
- HRB's page on the SEC website