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Stock impact report

Intuit forecasts quarterly results below estimates on weak demand, promotions delay [Yahoo! Finance]

H&R Block, Inc. (HRB) 
Last h&r block, inc. earnings: 3/5 04:15 pm Check Earnings Report
US:NYSE Investor Relations: en.wikipedia.org/wiki/h
Company Research Source: Yahoo! Finance
The company's consumer group, which caters to individuals, is expected to see a single-digit revenue decline in the second quarter due to the delay in promotions for the desktop offering of TurboTax, its software widely used by Americans to file their taxes. Intuit said the delay only impacts revenue timing and reiterated its annual forecast for double-digit revenue growth. The company offers financial products, including personal finance portal Credit Karma, marketing platform Mailchimp and accounting software suite QuickBooks that help small businesses manage their finances. Its shares had declined 5.1% on Tuesday after a Washington Post report that President-elect Donald Trump's government efficiency team was considering creating a free tax-filing app. "I am personally engaging with the incoming leaders and new administration," CEO Sasan Goodarzi told Reuters. "They're looking for an opportunity to make the tax code in general just simpler. And as we've always said, anot Show less Read more
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