trending Market Intelligence /marketintelligence/en/news-insights/trending/MN2CDnwBLPAfsNFkuTY3XQ2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Liberty Tax profit holds mostly steady YOY in fiscal Q4

An interview with Antony Jenkins, Founder & Executive Chairman, 10x Future Technologies

An interview with Nicolas Veron, Economist, Senior Fellow at Bruegel

An interview with Dan Frumkin, CEO, Metro Bank

Investment Banking: The Outlook, Market Share and Competitive Advantage


Liberty Tax profit holds mostly steady YOY in fiscal Q4

Liberty Tax Inc. said its normalized net income for the fiscal fourth quarter ended April 30 amounted to $2.39 per share, compared with the S&P Capital IQ consensus estimate of $2.14 per share.

EPS increased year over year from $2.29.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $33.9 million, compared with $34.0 million in the prior-year period.

The normalized profit margin climbed to 34.2% from 32.9% in the year-earlier period.

Total revenue decreased year over year to $98.9 million from $103.6 million, and total operating expenses decreased 9.0% on an annual basis to $44.5 million from $48.8 million.

Reported net income declined 17.3% on an annual basis to $26.7 million, or $1.89 per share, from $32.3 million, or $2.18 per share.

For the year, the company's normalized net income totaled $1.42 per share, compared with the S&P Capital IQ consensus normalized EPS estimate of $1.23.

EPS declined 7.2% from $1.53 in the prior year.

Normalized net income was $20.2 million, a decrease of 8.8% from $22.2 million in the prior year.

Full-year total revenue rose on an annual basis to $162.2 million from $159.7 million, and total operating expenses grew on an annual basis to $127.9 million from $122.8 million.

The company said reported net income decreased 60.5% year over year to $8.7 million, or 61 cents per share, in the full year, from $22.0 million, or $1.51 per share.