H&R Block, Inc. (NYSE:HRB) shareholders are probably feeling a little disappointed, since its shares fell 7.7% to US$57.66 in the week after its latest third-quarter results. H&R Block reported US$2.3b in revenue, roughly in line with analyst forecasts, although statutory earnings per share (EPS) of US$5.31 beat expectations, being 8.4% higher than what the analysts expected. This is an important time for investors, as they can track a company's performance in its report, look at what experts are forecasting for next year, and see if there has been any change to expectations for the business. We thought readers would find it interesting to see the analysts latest (statutory) post-earnings forecasts for next year.

Our free stock report includes 2 warning signs investors should be aware of before investing in H&R Block. Read for free now.NYSE:HRB Earnings and Revenue Growth May 10th 2025

Taking into account the latest results, the current consensus from H&R Block's four analysts is for revenues of US$3.83b in 2026. This would reflect a modest 3.1% increase on its revenue over the past 12 months. Per-share earnings are expected to climb 15% to US$4.84. Before this earnings report, the analysts had been forecasting revenues of US$3.82b and earnings per share (EPS) of US$4.82 in 2026. The consensus analysts don't seem to have seen anything in these results that would have changed their view on the business, given there's been no major change to their estimates.

Check out our latest analysis for H&R Block

It will come as no surprise then, to learn that the consensus price target is largely unchanged at US$62.00. The consensus price target is just an average of individual analyst targets, so - it could be handy to see how wide the range of underlying estimates is. The most optimistic H&R Block analyst has a price target of US$70.00 per share, while the most pessimistic values it at US$54.00. With such a narrow range of valuations, the analysts apparently share similar views on what they think the business is worth.

One way to get more context on these forecasts is to look at how they compare to both past performance, and how other companies in the same industry are performing. We would highlight that H&R Block's revenue growth is expected to slow, with the forecast 2.5% annualised growth rate until the end of 2026 being well below the historical 6.1% p.a. growth over the last five years. Compare this against other companies (with analyst forecasts) in the industry, which are in aggregate expected to see revenue growth of 11% annually. So it's pretty clear that, while revenue growth is expected to slow down, the wider industry is also expected to grow faster than H&R Block.

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The Bottom Line

The most important thing to take away is that there's been no major change in sentiment, with the analysts reconfirming that the business is performing in line with their previous earnings per share estimates. Fortunately, the analysts also reconfirmed their revenue estimates, suggesting that it's tracking in line with expectations. Although our data does suggest that H&R Block's revenue is expected to perform worse than the wider industry. There was no real change to the consensus price target, suggesting that the intrinsic value of the business has not undergone any major changes with the latest estimates.

Following on from that line of thought, we think that the long-term prospects of the business are much more relevant than next year's earnings. We have estimates - from multiple H&R Block analysts - going out to 2027, and you can see them free on our platform here.

And what about risks? Every company has them, and we've spotted  2 warning signs for H&R Block  you should know about.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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