This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

4 Biggest Earnings Reports You Must Watch Next Week

NEW YORK ( TheStreet) -- For the week of September 3, you can expect about 50 companies will report earnings. As usual, the services and technology sectors make up the lion's share of volume.

I selected companies with the greatest market-moving impact that you will want to watch. September and October have traditionally displayed higher-than-average volatility and earnings can often light the fuse.

HRB Chart HRB data by YCharts

H&R Block (HRB - Get Report)

52-Week High: $17.46

52-Week Low: $12.73

Book Value: $4.54

Price-To-Book: 3.66

H&R Block is anticipated to report good first-quarter earnings after the market closes on Sept. 5, 2012. The consensus estimate is currently a loss of 37 cents a share, an improvement of sorts from the loss of 39 cents during the same period a year ago. The average analyst target price for HRB is $18.50.

From a technical perspective, the chart on HRB looks a lot better than the quarter's estimate. The tax preparer is expected to earn $1.62 this year ending in April 2013. H&R is somewhat trending higher. The 60- and 200-day moving averages are moving higher. The 90-day is rounding out, but still well below the 200. What this means is the trend is neutral and akin to a boat without a rudder.

The mean fiscal-year estimate price-to-earnings ratio is 10.3, based on earnings of $1.61 per share.

Investors are receiving 80 cents in dividends for a yield of 4.83%. Over the last five years, the dividend has grown by an average of 5.7% per year. For yield hounds, H&R's dividend is attractive, but the payout rate near 80% along with slowing revenue growth means future hike expectations may not be realized. Of course, at 4.8% you could say "who cares if they increase."

The current proportion sold short, based on the float, is 6.9%. With the dividend yield as high as it is, short sellers are expecting a sizable drop in share price.

Background: H&R Block is a tax-return preparation company. The company's subsidiaries also offer investment services and through broker-dealers, originate, purchase, service, sell and securitize mortgages, offer personal productivity software, purchase participation interests in refund anticipation loans made by a third-party lender, and offer accounting, tax and consulting services to business clients. H&R Block trades about 3 million shares per day with a marketcap of $4.5 billion.

For more about H&R Block, take a look at John Reese's Opt to Get Paid article on Real Money. He describes why he likes H&R, and how he compares this stock to other high-yield stocks.

HRB Earnings Per Share Chart HRB Earnings Per Share data by YCharts

1 of 4

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG
DG $75.22 3.30%
HRB $32.00 0.44%
KR $72.45 -0.74%
PAY $38.39 0.37%
AAPL $130.49 -0.03%

Markets

DOW 18,073.60 +33.23 0.18%
S&P 500 2,116.17 +4.44 0.21%
NASDAQ 5,096.6710 +13.7420 0.27%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs