Research Desk Line-up: Regis Post Earnings Coverage

LONDON, UK / ACCESSWIRE / September 19, 2017 / Pro-Trader Daily has just published a free post-earnings coverage on H&R Block, Inc. (NYSE: HRB), which can be viewed by registering at http://protraderdaily.com/optin/?symbol=HRB, following the Company's reporting of its financial results on August 29, 2017, for the first quarter fiscal 2018. The Company's total revenue increased 10.1% on a y-o-y basis. Our daily stock reports are accessible for free, and with those to look forward today you also will be signing up for a complimentary member's account at:

http://protraderdaily.com/register/

Get more of our free earnings reports coverage from other constituents of the Personal Services industry. Pro-TD has currently selected Regis Corporation (NYSE: RGS) for due-diligence and potential coverage as the Company reported on August 23, 2017, its financial results for Q4 2017. Register for a free membership today, and be among the early birds that get access to our report on Regis when we publish it.

At Pro-TD, we make it our mission to bring you news that matter about the stock you follow. Today, our research desk covers a blog story on HRB; also brushing on RGS. With the links below you can directly download the report of your stock of interest free of charge at:

http://protraderdaily.com/optin/?symbol=HRB

http://protraderdaily.com/optin/?symbol=RGS

Earnings Reviewed

For three months ended July 31, 2017, H&R Block's total revenue increased 10.1% to $137.80 million from $125.19 million in Q1 FY17. During Q1 FY18, the Company's Service revenues increased 11% to $124.70 million from $112.38 million in Q1 FY17. For the reported quarter, the Company's other revenues increased 2.4% to $13.11 million from $12.80 million in Q1 FY17. Total revenue surpassed analysts' expectations of $130 million.

During Q1 FY18, H&R Block's earnings before interest, tax, depreciation, and amortization (EBITDA) was negative $140.34 million compared to negative $140.80 million in Q1 FY17.

For the reported quarter, H&R Block's depreciation and amortization (D&A) expenses increased 5.6% to $43.60 million from $41.28 million in Q1 FY17. During Q1 FY18, the Company's marketing and advertising (M&A) expenses decreased 6.1% to $7.10 million from $7.56 million in Q1 FY17. For the reported quarter, H&R Block's Compensation and benefits (C&B) expenses decreased 2% to $56.37 million from $57.52 million in Q1 FY17. During Q1 FY18, H&R Block's total operating expenses increased 4.2% to $322.96 million from $309.91 million in Q1 FY17.

During Q1 FY18, the Company's EBIT was negative $205.22 million compared to negative EBIT of $203.55 million in Q1 FY17.

During Q1 FY18, H&R Block's net loss was $130.57 million compared to net loss of $123.67 million in Q1 FY17. During Q1 FY18, H&R Block's diluted EPS was negative $0.62 compared to negative $0.55 in Q1 FY17. The Company's diluted EPS surpassed analysts' expectations of negative $0.63.

On August 21, 2017, the Company's Board of Directors declared a quarterly cash dividend of $0.24, payable on October 02, 2017, to shareholders of record as of September 13, 2017.

Balance Sheet

As on July 31, 2017, H&R Block's cash and cash equivalents increased 63.9% to $551.57 million from $336.53 million in Q1 FY17.

During Q1 FY18, the Company's net receivables decreased 12% to $91.00 million from $103.43 million in Q1 FY17.

During Q1 FY18, the Company's long-term debt was $1.49 billion which was at par with the $1.49 billion reported in Q1 FY17.

For the reported quarter, H&R Block's cash provided by operating activities was negative $409.12 million compared to negative $457.96 million in Q1 FY17.

Stock Performance

H&R Block's share price finished yesterday's trading session at $25.98, slightly advancing 0.39%. A total volume of 2.52 million shares have exchanged hands. The Company's stock price rallied 8.84% in the past six months and 15.93% in the previous twelve months. Additionally, the stock surged 13.01% since the start of the year. Shares of the Company have a PE ratio of 13.46 and have a dividend yield of 3.70%. The stock currently has a market cap of $5.55 billion.

Pro-Trader Daily:

Pro-Trader Daily (Pro-TD) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and Canadian stocks. PRO-TD has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles, and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.

PRO-TD has not been compensated; directly or indirectly; for producing or publishing this document.

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email contact@protraderdaily.com. Rohit Tuli, a CFA® charter-holder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by PRO-TD. PRO-TD is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.

NO WARRANTY

PRO-TD, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. PRO-TD, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, PRO-TD, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

NOT AN OFFERING

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither PRO-TD nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://protraderdaily.com/disclaimer/.

CONTACT

For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:

Email: contact@protraderdaily.com

Phone number: (917) 341.4653

Office Address: Mainzer Landstrasse 50 Frankfurt am Main, Germany 60325

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE: Pro-Trader Daily