H&R Block (HRB) Q2 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure
Key numbers
- Adjusted EPS
- $2.38
- Estimate
- $2.21
- Surprise
- +7.7%
- Revenue (period 2026-06-30)
- $1.14B
- Score at report (before → after)
- 6.5 → 6.4/10
Revenue source: xbrl.
How the report landed
H&R Block (HRB) beat the $2.21 estimate with adjusted EPS of $2.38 — a clear 7.7% upside surprise. TrendMatrix's engine moved from Hold (6.5/10) to Buy (Wait) at 6.4/10 after the report — the engine's score fell despite the beat.
Coverage in the report window
- Goldman Sachs Maintains Sell on H&R Block, Raises Price Target to $33 — benzinga, 2026-08-12
Where TrendMatrix's rating stands now
TrendMatrix currently rates HRB Sell at 5.8/10.
4 of the last 4 quarters beat the estimate; this quarter's +7.7% surprise compares with a +6.5% four-quarter average. Next scheduled report: 2026-11-05.
What supports the rating
- V7 quality resilience bonus: +0.2 (Q=7.3 in RISK_OFF)
- Strong earnings beat streak (4/4)
What argues against it
- Concentration risk — Counterparty: Pathward
- Concentration risk — Counterparty: Microsoft Azure
- Thin upside margin: 3.5%
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $42.45
- Price target
- $43.92
- Stop
- $40.58
- Upside to target
- +3.5%
- Reward-to-risk
- 0.5:1
The stock trades at 7.5× trailing but 6.1× forward earnings — consensus estimates already build in a substantial earnings recovery.
Risk check: RSI 11 — a level conventionally read as oversold.
Model outputs from TrendMatrix’s engine as of 2026-09-24 — shown for context, not personalized investment advice.
HRB at TrendMatrix's latest read
Cyclical consumer names live and die on demand momentum — same-quarter comps and guidance carry more weight than the headline surprise.
- Industry
- Personal Services
- Market cap
- $5.24B
- P/E (fwd)
- 6.1
- P/E (ttm)
- 7.5
- 52-week range
- $28.16–$58.67
- Off 52-week high
- 27.6%
- RSI (14)
- 11
- Volume vs avg
- 0.02×
- Score today
- 5.8/10