Why Shares of H&R Block Popped Today

Shares of H&R Block (NYSE: HRB) had jumped more than 17% as of 1:42 p.m. ET Wednesday after the tax preparation giant reported strong quarterly results after the bell Tuesday. It also raised guidance for its fiscal 2022, which runs through the end of June.

For its fiscal 2022 third quarter, which ended March 31, H&R Block reported diluted earnings per share of $4.06 on total revenue of $2.06 billion. Both of those numbers beat analysts' consensus estimates.

Image source: Getty Images.

Source Fool.com