H&R Block Agrees to $7M FTC Settlement and Will Make Downgrading Tax Tiers Easier
H&R Block's online software makes it difficult for customers to downgrade from a paid tier to its free service. But that will soon be a thing of the past.
H&R Block to Settle FTC Lawsuit Alleging Deceptive Claims
H&R Block will pay $7 million and change some of its practices under a proposed settlement that would resolve a Federal Trade Commission (FTC) lawsuit alleging that the company made deceptive claims about “free” tax filing.
Block, Inc. (SQ) Is a Trending Stock: Facts to Know Before Betting on It
Block (SQ) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Why Block Stock Jumped Today
An analyst initiated coverage of Block following the company's third-quarter financial results.
Why Block (SQ) is a Top Momentum Stock for the Long-Term
The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
H&R Block: Attractive Entry Point, Buy The Dip
H&R Block shares dropped 6.5% after an uneventful Q1, presenting a buying opportunity ahead of Q4 repurchases and FY25 tax season. After spending $210 million to purchase 2.4% of the float in Q1, management could be more aggressive over the next few weeks to take advantage of the lower share price. The Trump election and the FTC settlement are both small positives for the company in my opinion.
Block: Anticipating Gross Profit Rebound And Margin Expansion From Strong GPV Growth In FY2025
Block (NYSE: SQ) delivered disappointing 3Q FY2024 results, missing revenue estimates and guiding for a weak margin in 4Q due to delayed cost benefits pushed into FY2025. A continued deceleration in GPV growth in 3Q was driven by weather and hurricane impacts but management anticipates a rebound in 4Q, with significant acceleration expected in FY2025. I expect YoY growth in gross profit and adjusted operating margin to improve in FY2025, potentially allowing SQ to achieve the Rule of 40 sooner than 2026.
Jack Dorsey dramatically scales back crypto ambitions for Block
Block CEO Jack Dorsey tweeted in 2021 that his company was starting a crypto unit called TBD and its "primary focus is #Bitcoin." Block said on Thursday that it was "winding down" TBD after a stretch of layoffs.
Block Q3 Earnings Meet Estimates: Can Strong Guidance Aid the Stock?
SQ's third-quarter 2024 results benefit from the solid momentum across the Square and Cash App ecosystems.
H&R Block's Q1 Earnings Surpass Estimates, Revenues Increase Y/Y
HRB's first-quarter fiscal 2025 earnings decline year over year while revenues increase.
Why Is Block Stock Down After Earnings Despite Solid Improvements?
The stock has been underperforming, but the company is becoming more profitable.
Block: A Cheap And Solid Fintech Play
Block reported decent Q3 '24 results, driven by Cash App's strength. Block's EBITDA grew 69% year-over-year, with margins expanding to 36%, supported by Cash App's momentum and an improved cost structure. Shares are attractively valued at 16.7X FY 2025 earnings, making Block a strong buy due to its rapid growth and profitability.
