NEW YORK (TheStreet) -- Shares of JTH Holding (TAX) are up 7.08% to $30.09 after the parent company of Liberty Tax Service reported fiscal fourth quarter net income per share of Class A and Class B common stock of $2.18 per share, compared to $2.01 in the previous year.
Total revenue for the three months ended April 30 was $103.5 million versus $93.4 million in the period a year ago.
Analysts surveyed by Thompson Reuters had expected JTH to report earnings of $2.20 per share and revenue of $101.35 million for the quarter.
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TheStreet Ratings team rates JTH HOLDING INC as a Buy with a ratings score of B-. TheStreet Ratings Team has this to say about their recommendation:
"We rate JTH HOLDING INC (TAX) a BUY. This is driven by multiple strengths, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, good cash flow from operations, compelling growth in net income and solid stock price performance. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated."