Jackson Hewitt Tax Service Inc.'s (JTX) fourth-quarter net income increased to $48.08 million or $1.67 per share from $41.30 million or $1.45 per share last year. However, adjusted earnings decreased to $32.62 million or $1.14 per share from $48.21 million or $1.69 per share a year earlier.
On average, 6 analysts polled by Thomson Reuters expected earnings per share of $1.06 for the quarter. Analysts' estimate typically excludes one-time items.
For the fourth quarter of 2010, total revenues were $125.58 million versus $141.17 million in the 2009 fourth quarter, reflecting a decline of 11.0%, due primarily to the loss of 50% of the RAL program and its resulting reduction in the number of tax returns prepared versus last year's fourth quarter, offset in part by increased revenues per tax return.
Two analysts estimated revenues of $120.32 million for the quarter.
For comments and feedback contact: editorial@rttnews.com
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.