H&R Block Inc. (HRB) released earnings for its third quarter that increased from the same period last year and beat the Street estimates.
The company's bottom line totaled $722.33 million, or $5.31 per share. This compares with $690.74 million, or $4.86 per share, last year.
Excluding items, H&R Block Inc. reported adjusted earnings of $731.28 million or $5.38 per share for the period.
Analysts on average had expected the company to earn $5.17 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 4.3% to $2.277 billion from $2.184 billion last year.
H&R Block Inc. earnings at a glance (GAAP) :
-Earnings: $722.33 Mln. vs. $690.74 Mln. last year.-EPS: $5.31 vs. $4.86 last year.-Revenue: $2.277 Bln vs. $2.184 Bln last year.
-Guidance:Full year EPS guidance: $5.15 to $5.35Full year revenue guidance: $3.69 to $3.75 Bln
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