H&R Block, Inc. (NYSE:HRB) missed earnings with its latest second-quarter results, disappointing overly-optimistic forecasters. H&R Block missed analyst estimates, with revenues of US$179m and a statutory loss per share (eps) of US$1.80 falling 2.4% and 7.8% below expectations, respectively. This is an important time for investors, as they can track a company's performance in its report, look at what experts are forecasting for next year, and see if there has been any change to expectations for the business. With this in mind, we've gathered the latest statutory forecasts to see what the analysts are expecting for next year.

Check out our latest analysis for H&R Block

Taking into account the latest results, the current consensus from H&R Block's four analysts is for revenues of US$3.72b in 2025. This would reflect a modest 2.7% increase on its revenue over the past 12 months. Per-share earnings are expected to soar 28% to US$4.98. Before this earnings report, the analysts had been forecasting revenues of US$3.72b and earnings per share (EPS) of US$4.97 in 2025. So it's pretty clear that, although the analysts have updated their estimates, there's been no major change in expectations for the business following the latest results.

The analysts reconfirmed their price target of US$62.33, showing that the business is executing well and in line with expectations. There's another way to think about price targets though, and that's to look at the range of price targets put forward by analysts, because a wide range of estimates could suggest a diverse view on possible outcomes for the business. Currently, the most bullish analyst values H&R Block at US$70.00 per share, while the most bearish prices it at US$49.00. Analysts definitely have varying views on the business, but the spread of estimates is not wide enough in our view to suggest that extreme outcomes could await H&R Block shareholders.

One way to get more context on these forecasts is to look at how they compare to both past performance, and how other companies in the same industry are performing. We can infer from the latest estimates that forecasts expect a continuation of H&R Block'shistorical trends, as the 5.6% annualised revenue growth to the end of 2025 is roughly in line with the 5.4% annual growth over the past five years. Compare this with the broader industry (in aggregate), which analyst estimates suggest will see revenues grow 10.0% annually. So it's pretty clear that H&R Block is expected to grow slower than similar companies in the same industry.

The Bottom Line

The most important thing to take away is that there's been no major change in sentiment, with the analysts reconfirming that the business is performing in line with their previous earnings per share estimates. Fortunately, the analysts also reconfirmed their revenue estimates, suggesting that it's tracking in line with expectations. Although our data does suggest that H&R Block's revenue is expected to perform worse than the wider industry. The consensus price target held steady at US$62.33, with the latest estimates not enough to have an impact on their price targets.

With that said, the long-term trajectory of the company's earnings is a lot more important than next year. We have forecasts for H&R Block going out to 2027, and you can see them free on our platform here.

We don't want to rain on the parade too much, but we did also find 2 warning signs for H&R Block (1 makes us a bit uncomfortable!) that you need to be mindful of.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.