and quarterly earnings guidance that topped what analysts had expected. CEO Safra Catz said on a Thursday conference call that she expects $1.20 to $1.28 in adjusted fiscal fourth-quarter profit per share. The midrange of her guidance, $1.24, was just over the $1.23 per share expected by analysts polled by Refinitiv.
— The tax preparation company rose more than 10% on Friday after BTIG upgraded the stock to neutral from sell and said its recent decline makes it look fairly valued. Analyst Mark Palmer also noted H&R Block's 6% dividend and healthy balance sheet as potential lures in an otherwise turbulent market. "We believe HRB's share price is likely to be supported by the stock's 6.
Corona beer.
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