HR BLOCK (HRB)
EARNINGS RELEASE - JUNE 16 (AMC)
EARNINGS EXPECTATIONS:
THIS QTR: EPS: 2.61/share REV: 1,740/M
___________________________________________________________
LAST QTR: EPS: -.55/share ACTUAL: -.59/share (MISS)
____________________________________________________________
NEXT QTR: EPS: .92/share REV: 644.46/M
______________________________________________________
FULL YR: EPS: .38/Share REV: 2,560/M
______________________________________________________
*These are the base metrics we will be watching against the actual release numbers
__________________________________________________________________
BEAT/MISS RECORD: XX% OF THE TIME THEY BEAT ESTIMATES
PRIOR ‘JUMP ZONE’ MOVES (LAST 3 QTRS %) -15.49, -2.56, -11.19
EXPECTED JUMP MOVE: 10-12%
——–
*** With market volatility at extremes during the coronavirus pandemic there is greater risk in trading these events which may not react as they would under normal market conditions. Please take extra caution before trading.
Links To Latest News and Headlines
These 4 pieces of tax software are some of the best out there in 2021.
On average, over time, stock markets tend to rise higher. This makes investing attractive. But not every stock you buy…
H&R Block (HRB) reported earnings 30 days ago. What’s next for the stock? We take a look at earnings estimates for some clues.
Company’s new board members bring backgrounds focused on transformation and growth Mia Mends H&R Block new board member, Mia Mends Sean Cohan H&R Block board member Sean Cohan KANSAS CITY, Mo., March 31, 2021 (GLOBE NEWSWIRE) — H&R Block (NYSE: HRB) has added two members to its board of directors effective April 1, Mia Mends, recently named Global Chief Diversity & Inclusion Officer for Sodexo, Inc. and Sean Cohan, Chief Growth Officer and President, International of Nielsen (NYSE: NLSN). “As H&R Block begins the next phase of our growth and transformation journey, we are providing new support to small business owners, changing how the unbanked manage and access their money, and reimagining how tax preparation continues to blend digital capabilities with human expertise and care,” said Robert A. Gerard, Chairman of the Board. “Both Mia and Sean have the experience and expertise that will help Block expand and accelerate how we support more people manage important financial moments, and I look forward to adding their perspectives to H&R Block’s board of directors.” Mia Mends, Global Chief Diversity & Inclusion Officer of Sodexo, Inc.Mends was recently promoted to serve as Sodexo’s Global Chief Diversity & Inclusion Officer and CEO, Impact Ventures, beginning May 1, 2021. Prior to this new role, she has served as the company’s Chief Administrative Officer, North America, leading the productivity and performance of Sodexo’s 160,000 employees who provide more than 100 unique services that improve client solutions at the company’s 13,000 sites. Sodexo provides quality of life services, including dining and meal services, vending and convenience services, integrated facilities management services, and healthier workforce initiatives. Mends also leads SodexoMAGIC, a joint venture between Sodexo and Magic Johnson Enterprise. She has served in increasing levels of leadership with Sodexo since 2012, overseeing various growth and transformation initiatives for the organization. “H&R Block is one of the most trusted brands in America,” said Mends. “This trust builds not only in how the company serves its customers with expertise and care, but also in how it supports its associates and communities all across the country. Block is a company that believes in building confidence and making lives better for all, and I am excited to join the other members of its board as we guide how the company continues to make a difference in new and impactful ways.” Mends serves on the board of directors of Girls Inc. and the EMERGE Fellows program, as well as on the Business Leadership Council at Wellesley College and the Alumni Board of Harvard Business School. She is also a corporate director of Limeade Inc., an employee engagement software company. Mends holds a Bachelor of Arts degree in economics from Wellesley College and a Master of Business Administration degree from Harvard Business School. Sean Cohan, Chief Growth Officer and President, International of NielsenSince March 2020, Cohan has served as Chief Growth Officer and President, International, of Nielsen, a global media measurement and data analytics leader. He is responsible for Nielsen’s global growth strategy, corporate development, and partnerships, along with driving an international business with annual revenue of $600 million and a workforce of 4,000+. Cohan has decades of experience in business-to-business and consumer media, including 15 years at A+E Networks, where he most recently served as President, International and Digital Media until the end of 2018. During his tenure, A+E grew its international business by 10x across key metrics and turned digital profitable. He was President & Chief Business Officer at Wheelhouse Group, a diversified content venture, from 2019 to early 2020. “Every year, H&R Block has millions of conversations with people about the major events of their lives – new babies, new homes, new jobs,” said Cohan. “It is a company focused on helping people, and it is exciting to see it blend this care with innovative and convenient digital experiences. I look forward to adding my insights to the board of directors as we continue to guide the evolution that blurs the lines of in-person and digital service delivery.” Cohan serves on the board of directors/trustees for the Parrish Art Museum and the Banff World Media Festival, and is Treasurer and board member of The Opportunity Network, as well as the Vice Chair for UJA Federation of NY. He holds a bachelor’s degree in economics from Harvard and a Master of Business Administration degree from the Stanford Graduate School of Business. About H&R Block H&R Block, Inc. (NYSE: HRB) provides help and inspires confidence in its clients and communities everywhere through global tax preparation, financial products, and small business solutions. The company blends digital innovation with the human expertise and care of its associates and franchisees as it helps people get the best outcome at tax time, and better manage and access their money year-round. Through Block Advisors and Wave, the company helps small business owners thrive with innovative products like Wave Money, a small business banking and bookkeeping solution, and the only business bank account to manage bookkeeping automatically. For more information, visit H&R Block News or follow @HRBlockNews on Twitter. For further informationInvestor Relations: Colby Brown | 816-854-4559 | colby.brown@hrblock.comMedia Relations: Angela Davied | 816-854-5798 | angela.davied@hrblock.com Photos accompanying this announcement are available at: https://www.globenewswire.com/NewsRoom/AttachmentNg/f631440a-3515-4634-8927-96324313c1a1 https://www.globenewswire.com/NewsRoom/AttachmentNg/5240033d-cd02-4f9b-8a5b-4043fe6543dd
Tax day comes and tax day goes, but (HRB)might someday be a stock for all seasons. The past decade hasn’t been kind to H&R Block (ticker: HRB). The rise of TurboTax, owned by (INTU) (INTU), and other do-it-yourself tax preparers has made hiring an accountant less necessary, even as they have moved into H&R Block’s low-cost personalized preparation business.
StockJumpers analysis and trade plans are uploaded generally 1 HOUR BEFORE MARKETS CLOSE (3PM EST) for most events.
“I’m sorry, this content is for members only. To access this content, you must log in with your membership credentials – OR if you are not a member yet, visit our registration page here and get signed up Looking forward to having you on-board ASAP”
Trading an earnings catalyst events can be very rewarding (5-20% returns in a matter of minutes or hours) but it is also very risky. Timing plays a key role in whether a trade is profitable or not. Here is our general guideline for how we trade these events in-house.
ENTRY: The system we use to trade these volatile events is to enter at or near market close based on the Trajectory Analysis. For equities trades it’s a simple BUY or SELL order based on a pre-set trade allocation amount about 5 minutes before market close.
Then after the earnings release occurs we review the data carefully. Was it a beat or a miss on expectations? What does the forward guidance look like? Are there other important metrics being reported? (such as subscribers, or same-store sales etc). Often the stock price can swing wildly if the release metrics are mixed or there is no clear cut bull or bear bias.
EXIT: In the majority of cases where the direction call was correct (short or long) the best time to take profit is the following day about an hour after market open. If the direction call was wrong, or the release data is mixed, we find it best to get out of the trade quickly in the aftermarket, at a profit if possible. Exiting a trade becomes more art than science, based on experience trading that stock, general market conditions and the momentum of the market’s reaction to the release news.
Avg Daily Volume: 3,191,919 Market Cap: 2.3B
Sector: Services Short Interest: 20.57
If you are a member click and log in. For more information on Trade Assist go here
Ticker delayed 20 minutes
There is a significant amount of data behind the scenes involved in the analysis and trade plan tab above, that does not get put into the report. Too much information for traders often confuses things – so this is stripped down to only what is needed to make the best possible decision(s) on trading the trajectory.
NOTICE: All data on this site has been published for informational and educational purposes only and does not constitute an offer to sell nor a solicitation of an offer to buy any security which may be referenced here or in our websites. StockJumpers is not an Investment Adviser and relies on the publisher’s exemption as defined in Section 401(f) of the Uniform Securities Act, and provides no personal advice or recommendations. The services and published information contained herein is for non-commercial, educational use and display. StockJumpers and any of its affiliates does not represent that the securities or services discussed are suitable for any investor. You should assume that StockJumpers and or its management has or will take a position in the stock, whether it is stated or not. You are further advised not to rely on any information contained in this report and associated websites in the process of making a fully informed investment decision. Trading is risky and you can lose your investment. For the complete risk disclosure and other legal information please review the full Terms of Use Agreement.
by Team Stockjumpers