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4/24/14H&R Block Last Minute Tax Software Giveaway (Canadian Financial DIY)

It's down to the wire for tax filing. Normally the deadline for filing would be April 30th midnight but the interruption of the Canada Revenue Agency's online filing service NETFILE due to the Heartbleed virus now means the extended deadline is May 5th.  To help last minute filers, H&R Block, one of the leading tax software providers, has generously provided me with four codes for the online web version  of their personal tax preparation software for Canadians. That's a value...

5/8/13H&R Block Inc: Fundamental Stock Research Analysis (The DIV-Net)

Before analyzing a company for investment, it’s important to have a perspective on how well the business has performed.  Because at the end of the day, if you are an investor, you are buying the business.  The FAST Graphs™ presented with this article will focus first on the business behind the stock.  The orange line on the graph plots earnings per share since 1999.  A quick glance vividly reveals the historical operating record of the company. This article will reveal...

3/8/13HRB (Samurai Trader)

HRB has a very high score on the price relative scan, but is one that never really came to my attention, probably because it has been outperforming the market pretty consistently for the last 6 months. It should be a buy candidate on tonight's scan, and while it looks extended here, this was on earnings, so it is very likely to be moving higher. The funny thing is, I took a quick look at the numbers, and they suck. Why his has been screaming higher for so long is beyond me, but I have learned...

3/7/13H&R Block Tax Software Giveaway (Canadian Financial DIY)

Now that RRSP season is over, it's time to start thinking of preparing a tax return for 2012 even though the deadline for submission is a seemingly distant April 30. The Canada Revenue Agency's NETFILE online tax submission service is open for business and the CRA is ever more enthusiastic to receive the return via electronic means instead of on paper. Thanks to H&R Block, I am giving away three codes for the online web version of their personal tax preparation software for...

6/25/12Stocks To Watch For June 26 (Phil’s Stock World)

Courtesy of Benzinga. Some of the stocks that may grab investor focus today are: Wall Street expects Robbins & Myers [...]

2/23/12H&R Block Announces Interim Tax Results; Total Tax Returns Prepared Through Feb.15 Grow 6.7% (Phil’s Stock World)

Courtesy of Benzinga. H&R Block, Inc. (NYSE: HRB) today released its first of three interim period tax results, reflecting U.S. returns prepared fiscal year-to-date through Feb. 15, 2012. Total tax returns prepared grew 6.7 percent compared to the prior year. Total digital tax [...]

9/1/11Esterline Technologies, Finisar, H&R Block, Netflix: U.S. Equity Preview (Penny Stock DD)

Shares of the following companies may have unusual moves in U.S. trading tomorrow. Stock symbols are in parentheses, and prices are as of 5:10 p.m. in New York. Standard & Poor’s 500 Index futures expiring in September rose less than 0.1 percent to 1,201.8. Esterline Technologies Corp. (ESL) declined 7.9 percent to $68. The aerospace and defense [...]

6/26/11(HRB) H&R Block’s Earnings Report Beats (Stock Blog Hub)

H&R Block’s (HRB) fiscal fourth-quarter 2011 adjusted income came in at $2.20 per share, 5 cents ahead of the Zacks Consensus Estimate. The results also compare favorably with $2.11 per share earned in the year-ago period. Adjusted income for the quarter was $658 million, down 5% from $692 million reported in fourth-quarter 2010. H&R Block incurred [...]

5/18/11HRB : Mortgage repurchase tempest (Blogvesting)

HRB stock has taken a stumble recently after it was revealed that a group of bond investors are attempting to force HRB to repurchase subprime mortgages issued by its erstwhile subsidiary SCC during the housing boom. Estimates of $12B in losses to HRB, which is 2 to 3 times HRB’s market cap, have caused a [...]

4/13/11The most overlooked tax tip (Canadian Business Blog)

According to H&R Block data, the medical expense tax credit (METC) is the most overlooked part of the tax return. People often fail to claim all that is due to them on Lines 330 and 331. How does the METC work? Taxpayers claim it on eligible medical expenses exceeding 3% of their net income (or, $2024, if [...]

4/11/11H&R Block: The Panic's Over (Barel Karsan)

Six months ago, the bottom fell out from under the stock of H&R Block (HRB). Shares fell to a 10-year low, giving the stock a normalized P/E of around 7 despite a strong balance sheet. Investors who pounced on the opportunity have seen their shares appreciate by 70%, as the stock closed in on $18 last week. The lessons to be learned from this value play apply to a large number of current and future opportunities. Many of the problems facing the company were short-term in nature. For one...

4/1/11Viking Global Increases H&R Block (HRB) Stake (market folly)

Andreas Halvorsen's hedge fund Viking Global has boosted its stake in H&R Block (HRB). Per a 13G filed with the SEC, Viking has disclosed a 5.5% ownership stake in HRB with 16,664,422 shares. This is a 60% increase in their position size as they owned 10,408,200 shares at the end of 2010. The firm has been taking more concentrated positions as each portfolio manager essentially owns each other's "best ideas". Before founding Viking, Halvorsen worked at Julian Robertson's Tiger Management....

3/1/11Is H&R Block Actually a Growth Stock? (Value Investing)

By Ben Strubel of Strubel Investment Management H&R Block (HRB) is the largest tax preparer in the United States and prepares roughly one out of every seven tax returns filed. The company was founded in 1955 and has prepared 550 million tax returns since then. The company also offers consulting and accounting services through a small [...]

2/24/11HRB : An update (Blogvesting)

Since my last report on HRB, the stock has risen nearly 30%, past my original conservative valuation of $13.11. With the tax early filing season now nearly over, I thought that this would be a good time to do an update on the second largest position in my portfolio. At the start of the filing season, [...]

12/29/10HRB valuation : Blue chip on sale (Blogvesting)

I do not normally analyze large capitalization stocks. I assume that a well-followed stock with a large number of analysts will be trading close to its intrinsic value, and my typical stock screens exclude large cap stocks. However, as part of the background industry research I do with mid-to-small cap stocks, I occasionally come upon [...]

12/14/10H&R Block Deserves a Look by Value Investors (Penny Stock DD)

It’s easy to envy momentum investors. According to the stereotype, Mr. Momentum spots a blip racing upward across his screen – it could be migrating geese for all Mr. Mo cares – and buys some shares. He then hangs on until the shares start to fall, cashing out and having spent [...]

12/10/10H&R Block Narrows Loss Aided by Share Buyback (Penny Stock DD)

H&R Block’s (HRB) fiscal second-quarter 2011 loss from continuing operations came in at 35 cents per share, an improvement from the Zacks Consensus Estimate of a loss of 38 cents a share. This also compares favorably with the loss of 38 cents per share incurred in the year-ago period. [...]

12/8/10H&R Block posts narrower than expected 2Q loss (Penny Stock DD)

NEW YORK (AP) -- H&R Block Inc. posted a narrower second-quarter loss on Tuesday despite lower revenue, as it cut expenses further during its slow season. The tax preparation company also said its refund-anticipation-loan program for the approaching tax season is still in doubt. CEO Alan Bennett said Block's negotiations with HSBC and its [...]

10/29/10TaxAct, ERP and the End of the "Bush Tax Cuts" (IT Investment Research)

Neither the imminent end of the 2001 and 2003 "Bush tax cuts" nor H&R Block's (HRB) recent acquisition of SecondStory, the makers of TaxAct personal productivity software, really mattered much to me when I first read about them a few weeks ago.  On one hand I don't have to worry about the much maligned high end of the expiring tax-table income scale nor -- conversely -- the demise of the 10% bracket. I guess I do lose the 5% of the upper bound of the lower tax bracket but that's...

10/28/10Goldman Maintains Price Target On H&R Block (HRB) (Benzinga)

Goldman Sachs is maintaining its $12 price target and Neutral rating on H&R Block, Inc. (NYSE: HRB). In a note to clients, Goldman writes, "We apply a new valuation method for tax preparation company H&R Block but maintain our $12 price target. Our new valuation method takes into account HRB's recent volatility as well as the fluid nature of ongoing headline risks. We stay Neutral but expect negative headlines and a challenging operating environment in 2011." Shares of HRB gained 26 cents...

10/25/10H&R Block Looks Attractive (Barel Karsan)

H&R Block (HRB) makes about $500 million per year in net income, mostly by providing face-to-face tax services to individuals. But for several reasons, most of which are either immaterial or short-term in nature, it trades for just $3.3 billion, giving it a P/E of just 7. For long-term value investors, this may be an excellent entry point. First, let's look at some of the risks facing this company: 1) Mortgage Put-Backs The most immediate market fear with respect to this company is the...

10/22/10H&R Block's CEO Very Open & Experienced (Benzinga)

Oppenheimer has published a research report on H&R Block (NYSE: HRB) following meetings with management and positive feelings about executive staff. In the report, Oppenehimer writes "We recently met with HRB's new (past few months) management team. We're encouraged by the CEO's openness, executive experience, strategic views, & enthusiasm. Leadership has the potential to execute a successful two-front (storefront/digital) model across an appropriate cost structure to expand earnings at a...

10/14/10Put Volume Soars on H & R Block (HRB) (Benzinga)

Shares of H & R Block (NYSE: HRB) are falling today by 9.72%, currently trading at $12.36. The company announced yesterday that they are going to acquire 2SS Holdings Inc., the developer of TaxACT digital tax preparation solutions, for $287.5 million in cash. Options traders are echoing the negative sentiment in the name by buying puts today. Overall put volume is running at 16x the daily average with 57,000 puts traded today versus only 7,000 calls. The heaviest action is coming in...

10/14/10H&R Block Acquisition Improves Digital Competitiveness (Benzinga)

This week, H&R Block, Inc. (NYSE: HRB) announced an agreement to acquire TaxACT for $287.5 million in cash. This deal, which we'd expect to close by calendar year-end, would combine the #2 and #3 players in the digital DIY tax prep category (HRB is second largest in DIY digital pre-acq when including software boxes sold via retailers with online). “We view the acquisition favorably for HRB, as it was a necessary move to increase its digital competitiveness, which has been lacking,”...

9/21/10Afternoon Market Update (HRB, GS, ETFC, HCN, CAG) (Benzinga)

H&R Block Inc (NYSE: HRB) has appointed Jeff Brown as the company's Chief Financial Officer (CFO). Brown has been the interim CFO of the company for the last 5 months. Shares of H&R Block lost about 1.4%. US Financial stocks moved down, as investors awaited the decision on the monetary policy of the Federal Reserve. The top gainers in the sector were Goldman Sachs Group Inc (NYSE: GS) and E-Trade Financial Corp (NASDAQ: ETFC). The top loser among the large-cap financial stocks was Health...

8/19/10(HRB) If the Tax Cuts are Extended, Who Benefits? (Stock Blog Hub)

One of the biggest topics on the agenda when Congress gets back from its summer vacation is going to be: What to do about the Bush Tax cuts that are going to expire. The GOP has argued that we need to keep all of them in place. The Obama administration has called for repealing them [...]

4/27/10Today's Leading Industry (Samurai Trader)

Today's leading industry is personal services, a 20 stock group that has only 7 stocks in positive territory, but the top 2 by market cap, WU and HRB, are both up by quite a bit, WU on earnings, HRB on an upgrade. This is a growup that has done very little in the last 6 months in terms of relative strength. It is a severely lagging group that has failed to keep pace with the rest of the market, and it would figure that it would be leading on a day of severe market weakness.

3/25/10(HRB) H&R Block Reports Interim Results (Stock Blog Hub)

Yesterday, H&R Block Inc. (HRB) announced its preliminary tax season results for the interim period through Mar 15, 2010. While the company experienced an improvement in results during the Mar 1 - 15 period, the results were still down for the tax season-to-date through March 15. For the period March 1 – 15, same-office tax returns [...]

3/15/10Tuesday’s Market Recap (03/16/10) (Bullish Bankers)

The markets had a rough day, with the Dow Jones down 0.97% to close at 8447.00.  The NASDAQ and S&P closed at 1835.04 and 919.32 respectively, down 0.49% and 0.85%.  Gold and crude oil both headed to lower prices today, with gold settling at $927.40, and oil down $0.91 to settle at $69.89.  The 10-year [...]

3/9/10(HRB) H&R Block’s Earnings Report One Cent Ahead of Expectations – Revenues Fall (Stock Blog Hub)

H&R Block Inc. (HRB) reported fiscal third quarter 2010 (ended Jan 31, 2010) net income of $50.6 million or 15 cents, up from $47.4 million or 14 cents in the year-ago period. However, income from continuing operations was 16 cents, down 4 cents from the prior-year period. Results were slightly ahead of the Zacks Consensus [...]

3/8/10(HRB) H&R Block Incorporated – Bear of the Day (Stock Blog Hub)

We are downgrading our recommendation on H&R Block (HRB) to Underperform from Neutral. The company has recently announced that it would not be able to meet its previously announced fiscal 2010 guidance as it is preparing fewer tax returns than it had previously expected. The tax filing market is shrinking due to the rise in unemployment. [...]

3/5/10(HRB) H&R Block Earnings Expectations Down 25% From Year Ago (Stock Blog Hub)

H&R Block Inc. (HRB) is scheduled to report its fiscal third quarter 2010 (ending Jan, 31) financial results on Monday, March 8, after the closing bell. According to the Zacks Consensus Estimate, the company will report earnings of 15 cents per share, down 25.0% from 20 cents reported in the prior-year period. Recently, the company has [...]

3/1/10(HRB) H&R Block Announces That They Will Miss Previous Guidance (Stock Blog Hub)

H&R Block Inc. (HRB) has recently announced that it would not be able to meet its previously announced fiscal 2010 guidance as it is preparing fewer tax returns than it had previously expected. As per H&R Block’s previous guidance, the company expected to report earnings of $1.60–$1.80 a share from continuing operations. This compares to the [...]

3/1/10Tax Season: Which Companies Will Win? (Wall St. Cheat Sheet)

The trend might be your friend. Here's a look at the numbers ...

2/24/10Market Roundup: Citigroup (NYSE:C), Toyota (NYSE:TM), Toll Brothers (NYSE:TOL), Goldman Sachs (NY... (Jutia Group)

Citigroup (NYSE:C) is reportedly in talks to sell a hedge-fund business with about $4 billion in assets. Citigroup is in advanced talks to sell its fund-of-funds business to SkyBridge Capital, a New York alternative-asset manager. –UB News Toyota (NYSE:TM) CEO Akio Toyoda says the company grew too fast [...]

2/24/10H&R Block cuts guidance due to weak preliminary tax season results (HRB) (AlphaNinja)

H&R Block (HRB) shares are down in premarket trading, after the firm said that a weak start to the 2010 filing season puts previous guidance for earnings out of reach: KANSAS CITY, MO--(Marketwire - 02/24/10) - H&R Block Inc. (NYSE: HRB  -  News ) today announced preliminary tax season results for the interim period through Feb. 15, 2010. Same-office tax returns prepared in retail operations fell 5.6 percent compared to the prior-year period. Total tax returns...

2/22/10Monday Morning (AlphaNinja)

US stocks will open slightly positive in a few minutes. In earnings news, home-improvement giant Lowe's(LOW) reported earnings this morning slightly ahead of expectations, while giving 2010 guidance that was below estimates. Despite the weak guidance, shares are up about 2% premarket, as indications for next year's store growth mean that there might finally be some Free Cash Flow of significance... Campbell Soup(CPB) reported earnings in line, and guidance in line. Revenue was a...

1/26/10Tax Preparers PCAOB? (Skeptical CPA)

"Under the plan, which would begin with the 2011 tax season, anyone who takes money to help people with their taxes will have to register with the IRS, and eventually pass competency tests and sign up for continuing education. So having made tax filing so complicated that most Americans need help with their forms, Washington now wants to raise the price of such counsel by regulating advisers in a way that may reduce their supply. ... Cheering the new regulations are big tax preparers like H&R...

1/6/10(HRB) H&R Block Settles IRA Lawsuit (Stock Blog Hub)

H&R Block Inc. (HRB) has settled a lawsuit that alleged the company of fraudulently marketing its Express Individual Retirement Account (Express IRA) product that had hidden fees and low interest rates. New York Attorney General Andrew Cuomo said that over 600,000 Express IRA accounts were opened since 2000. Cuomo alleged that around 85% of the customers [...]

12/8/09(HRB) H&R Block Beats Consensus Estimates (Stock Blog Hub)

H&R Block Inc.’s (HRB) second quarter (ended Oct. 31) results were two cents ahead of the Zacks Consensus Estimate. For the quarter, the company reported a net loss from continuing operations of 38 cents per share compared to the Zacks Consensus loss estimate of 40 cents. The company had reported a loss of 40 cents [...]

9/8/09(HRB) H&R Block Misses Estimates (Stock Blog Hub)

H&R Block Inc.’s (HRB) first quarter (ended July 31) results were two cents below the Zacks Consensus Estimate as higher losses in its Tax Services segment more than offset the gains from improved pre-season results from Business Services and lower corporate expenses. For the quarter, the company reported a net loss from continuing operations of 39 [...]

6/30/09Tuesday’s Market Recap (06/30/09) (Bullish Bankers)

The markets had a rough day, with the Dow Jones down 0.97% to close at 8447.00.  The NASDAQ and S&P closed at 1835.04 and 919.32 respectively, down 0.49% and 0.85%.  Gold and crude oil both headed to lower prices today, with gold settling at $927.40, and oil down $0.91 to settle at $69.89.  The 10-year [...]

2/1/09H&R Block should benefit from Intuit’s blunder (Investing by Advertising)

Know thy customer… and don’t mess up with him. Even less in the Web 2.0 era, in which news spread like wildfire and disgruntled customers can very quickly come together and turn into a virtual lynching mob against you. In this era, serious, organized, massive boycotts can happen, and can be triggered in a matter of days, if not hours, should consumers are outraged enough. It is a real threat, so companies cannot afford to fail in understanding their customers and taking them seriously....

10/26/08The New Buffettology: Chp 19 & 20: Thinking the Way Warren Does (Barel Karsan)

In the final two chapters, the authors present several case studies and practical applications of Warren's techniques. One case study is presented here. Case study: H&R Block #1) What is the company's durable competitive advantage? H&R Block prepares tax returns globally and is the largest tax service in America. They have been in business for 45 years and serve more than 19 million people worldwide. They have provided the same basic tax preparation service since starting their business....

7/20/08(HRB) – H&R Block – Dividend Increase – Debt Reduction and Share Repurchase Plan (Stock Blog Hub)

H&R Block Inc. (HRB) announced strong third-quarter results on July 1 that included a big jump in earnings for the previous year. The board of directors recently approved a dividend hike and a substantial share repurchase program. The company is also aggressively paying down its debt.H&R Block Inc. operates as a tax and investment consulting [...]

4/25/08Review: #3 (tied) H&R Block Web Software Tax Preparation (Canadian Financial DIY)

This is my 2008 review of the H&R Block web-based online tax preparation package. I rated it 8.0 out of 10, tied for 3rd with WebTax4U and AceTax. H&R is the new kid on the block this year, so to speak, as it was not on the NetFile certified list in 2007. But it may not be so new after all ... it looks like H&R simply paid uFile to rebrand its best-of-breed web application for its own use. Why are these references in the H&R Block license agreement - "AGREEMENT TO USE...

3/5/08Valuation: H&R Block, Inc. (HRB) (ModernGraham.com)

Company Review: H&R Block, Inc. (HRB) Company Profile: H&R Block Inc. (obtained via Google Finance) H&R Block, Inc. (H&R Block) is a financial services company with subsidiaries providing tax, investment, mortgage, and accounting and business consulting services and products. The Company's Tax Services segment provides income tax return preparation and other services and products related to tax [...]

11/15/06Momentum Stock: H&R Block (HRB) (Jutia Group)

H&R Block, Inc. (NYSE:HRB) has recently broken the 50 mark on the RSI and will gain further momentum to break its consolidation channel with both the DMI and MACD telling you to buy within the past two weeks alone. This stock has been pressured for too long and now is the time to be pressing [...]

1/30/06Tax Preparation Stocks:Tax Wars (Penny Sleuth)

  Greg Guenthner discusses two Tax Preparation companies and their Stocks: Giant H&R Block, and up-and-coming small-cap Jackson Hewitt. It’s that time of year again. The W-2s have been mailed and everyone is searching for receipts and bank statements. Almost everyone is familiar with tax preparation giant H&R Block. When it comes to having someone do your taxes [...]


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