NEW YORK, Aug. 26, 2025 (GLOBE NEWSWIRE) -- Cearvol today announced the launch of Wave Lite, a next-generation hearing aid designed to blend clarity, comfort, and style. Powered by Cearvol AI 2.0, Wave Lite helps users reconnect with life’s important sounds—whether in daily conversations, at home with family, or on the go. Shaped like a modern earbud and paired with a fabric-wrapped charging case, Wave Lite delivers both powerful support and emotional comfort. Recognized as one of the best OTC hearing aids ...

Core Insights - H&R Block reported $1.11 billion in revenue for the quarter ended June 2025, a year-over-year increase of 4.6%, with an EPS of $2.27 compared to $1.89 a year ago [1] - The revenue exceeded the Zacks Consensus Estimate of $1.07 billion by 3.74%, while the EPS fell short of the consensus estimate of $2.81 by 19.22% [1] Revenue Breakdown - U.S. assisted tax preparation revenue was $686.01 million, surpassing the average estimate of $673.22 million, reflecting a year-over-year increase of 5.2% [4] - U.S. royalties revenue was $49.57 million, slightly above the estimated $47.11 million, but down 4.2% year-over-year [4] - U.S. DIY tax preparation revenue reached $152.09 million, exceeding the estimate of $126.25 million, marking a 13.3% increase year-over-year [4] - International revenue was $89.89 million, above the estimate of $87.73 million, with a year-over-year increase of 1.3% [4] - Refund Transfers revenue was $22.3 million, slightly below the estimate of $23.35 million, but up 4.4% year-over-year [4] - Tax Identity Shield revenue was $14.97 million, slightly above the estimate of $14.81 million, but down 9.7% year-over-year [4] - Peace of Mind Extended Service Plan revenue was $32.46 million, below the estimate of $34.87 million, reflecting a 4.5% year-over-year decline [4] - Interest and fee income on Emerald Advance was $2.36 million, significantly below the estimate of $5.02 million, down 44.1% year-over-year [4] - Other revenue was $18.1 million, slightly below the estimate of $18.93 million, down 4.3% year-over-year [4] - Wave revenue was $29.54 million, exceeding the estimate of $26.41 million, with a year-over-year increase of 14.4% [4] - Emerald Card and Spruce revenue was $13.72 million, above the estimate of $12.69 million, reflecting a 6% year-over-year decline [4] Stock Performance - H&R Block shares have returned -2.7% over the past month, while the Zacks S&P 500 composite has increased by 2% [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]

Core Insights - H&R Block (HRB) is expected to report quarterly earnings of $5.12 per share, reflecting a year-over-year increase of 3.6% [1] - Anticipated revenues for the quarter are projected at $2.25 billion, which represents a 2.8% increase compared to the same quarter last year [1] - The consensus EPS estimate has remained unchanged over the past 30 days, indicating analysts' reassessment of their projections [1] Revenue Estimates - Analysts predict 'Revenues- U.S. assisted tax preparation' to be $1.60 billion, showing a year-over-year change of +4.5% [4] - 'Revenues- U.S. royalties' are expected to be $133.04 million, indicating a decline of -6.3% from the previous year [4] - 'Revenues- U.S. DIY tax preparation' is estimated to reach $202.19 million, reflecting a +1.8% change year-over-year [4] International and Other Revenue Projections - 'Revenues- International' are forecasted at $70.58 million, suggesting a +3.4% change year-over-year [5] - 'Revenues- Refund Transfers' are expected to be $116.00 million, indicating a -2.5% change from the prior year [5] - 'Revenues- Tax Identity Shield' is projected at $7.21 million, reflecting a -4.3% change year-over-year [5] Additional Revenue Insights - 'Revenues- Peace of Mind Extended Service Plan' is expected to be $16.71 million, indicating a -0.6% change [6] - 'Revenues- Interest and fee income on Emerald Advance' is projected at $19.12 million, suggesting a -9.7% change year-over-year [6] - 'Revenues- Other' is estimated to reach $12.98 million, reflecting a +7.6% change from the previous year [6] Performance and Market Position - The consensus estimate for 'Revenues- Wave' stands at $26.30 million, indicating a +11.5% change year-over-year [7] - 'Revenues- Emerald Card and Spruce' are expected to be $37.56 million, reflecting a -8.8% change from the prior year [7] - H&R Block shares have returned +12.5% over the past month, outperforming the Zacks S&P 500 composite's +11.5% change [7]