Is H&R Block (HRB) Stock Outpacing Its Consumer Discretionary Peers This Year?
H&R BlockH&R Block(US:HRB) ZACKS·2024-08-29 14:41

Company Performance - H&R Block (HRB) has shown a year-to-date performance increase of approximately 32.4%, significantly outperforming the average return of -0.1% for the Consumer Discretionary sector [4] - The Zacks Consensus Estimate for H&R Block's full-year earnings has increased by 10.5% over the past quarter, indicating improved analyst sentiment and earnings outlook [3] - H&R Block holds a Zacks Rank of 1 (Strong Buy), suggesting strong potential for future performance [3] Industry Context - H&R Block is part of the Consumer Services - Miscellaneous industry, which consists of 12 stocks and currently ranks 100 in the Zacks Industry Rank [5] - The average return for the Consumer Services - Miscellaneous industry is 7.2% year-to-date, indicating that H&R Block is outperforming its immediate industry peers [5] - In comparison, the Media Conglomerates industry, which includes Sinclair (SBGI), has a year-to-date return of -2.7% and ranks 29 in the Zacks Industry Rank [6]