10 Best Long Term Stocks To Watch For 2015: H&R Block Inc. (HRB)
H&R Block, Inc., through its subsidiaries, provides tax preparation, retail banking, and various business advisory and consulting services. It operates in three segments: Tax Services, Business Services, and Corporate. The Tax Services segment offers H&R Block At Home, an income tax preparation software, as well as a range of online tax services, including tax advice, professional and do-it-yourself tax return preparation, and electronic filing services through its Web site at hrblock.com primarily in the United States, Canada, and Australia. This segment also provides the H&R Block Prepaid Emerald MasterCard and Emerald Advance lines of credit through H&R Block Bank, as well as other retail banking services, including checking and savings accounts, individual retirement accounts, and certificates of deposit; and sells refund anticipation loans and refund anticipation checks offered by third-party lending institutions, as well as offers income tax return preparation course s to the public. The Business Services segment provides tax and consulting services, wealth management, and capital markets services to middle-market companies. The Corporate segment engages in various operations, which include interest income from the United States passive investments, interest expense on borrowings, net interest margin and gains or losses relating to mortgage loans held for investment, real estate owned, residual interests in securitizations and other corporate expenses principally related to finance, legal, and other support departments. The company was founded in 1946 and is headquartered in Kansas City, Missouri.
Advisors' Opinion:- [By WWW.DAILYFINANCE.COM]
Shutterstock In a new program dubbed the "H&R Block Budget Challenge," the world's largest tax services company is offering $3 million to help kids! get smarter about money matters. As H&R Block (HRB) explains, "By learning strong budgeting skills and fiscal discipline early, kids can gain the knowledge and confidence to manage their own financial future." To help that process, Block has set up a free online game that schoolteachers can use to improve teen financial literacy. Real Life, Online Within the program, students take on the role of recent college graduates, gainfully employed and equipped with "a regular paycheck, a checking account [and] a 401(k) savings account." Students must then use their income and assets to navigate situations that should be familiar to any adult, such as "paying bills, managing expenses, saving money, investing in retirement, paying taxes and more." Points can be earned for "maximizing 401(k) savings, paying bills on time and responding correctly to quiz questions." Conversely, students who trip up and leave themselves open to paying late fees on bills, overdraft fees for overdrawing their accounts, and finance charges for carrying too much credit card debt will see their scores hurt. For bonus points, students can take quizzes to test their knowledge of financial concepts over the course of the game. Teamwork Pays Off Classrooms play as a team, scored for the average performance of students within each classroom, and competing with other student classrooms for a total of as much as $3 million in potential grants and scholarships. These break down like so: 60 classroom grants worth up to $5,000 apiece. 132 opportunities for student scholarships of $20,000 each. One grand prize scholarship of $100,000. Periodic student incentives that can be won during game-play. When you add all those up, H&R Block may end up paying out slightly more than $3 million from this program. Each classroom has the potential to win
- [By Rich Bieglmeier]
H & R Block Inc. (NYSE:HRB) will host a conference call for analysts, institutional investors, and shareholders to 8:30 a.m. Eastern time on Wednesd! ay, June ! 11, 2014.. A copy of the press release will be available on the company's investor relations website prior to the beginning of the call.
- [By Mike Deane]
Before the opening bell on Wednesday morning, H&R Block (HRB) reported its fourth quarter earnings, posting higher revenues and adjusted earnings than for last year’s Q4.
HRB’s Earnings in Brief
H&R Block reported fourth quarter revenues of $2.56 billion, up from last year’s Q4 revenues of $2.2 billion. Net income for the quarter came in at $910 million, or $3.29 per share, which is a significant improvement over last year’s Q4 figures of $664.3 million, or $2.42 per share. The company's Q4 results beat analysts’ expectations of $3.23 EPS on revenues of $2.49 billion. For the full year, HRB reported revenue of $3.024 billion and adjusted EPS of $1.67.CEO Commentary
HRB president and CEO Bill Cobb had the following comments: “We delivered a strong year of both revenue and earnings growth and lived up to our long-standing tradition of being the world’s leading tax services provider. Though we anticipated an overall decline in return counts, our Tax Plus strategy is working, and we will continue to focus on enhancing the client experience and delivering best-in-class products and services to drive profitable growth. Our improving client satisfaction scores are a testament to the value we bring to our clients, positioning us well for 2015 and beyond.”
HRB’s Dividend
H&R Block most recently declared a 20 cent quarterly dividend on May 8, with a payout date of July 1. The stock goes ex-dividend on June 12.
Stock Performance
HRB stock was up $1.17, or 3.81%, in pre-market trading this morning. YTD, the company’s stock is up 4.59%
HRB Dividend SnapshotAs of Market Close on June 10, 2014
Click here to see the complete history of HRB dividends.
- [By Ben Levisoh! n]
Shares of H&R Block (HRB) have gained 4.1% to $31.99 after the tax-preparer beat earnings and revenue forecasts.
Boeing (BA) has dropped 0.9% to $136 after RBC downgraded the stock to Sector Perform from Outperform.
source from Top Stocks For 2015:http://www.topstocksblog.com/10-best-long-term-stocks-to-watch-for-2015.html
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