01:23 PM EDT, 05/10/2024 (MT Newswires) -- (Updates with the company's latest stock move in the headline and the first paragraph.)

H&R Block ( HRB ) shares rose 8.5% in recent Friday trading, a day after the company reported higher-than-expected fiscal Q3 results.

The company reported fiscal Q3 adjusted net income late Thursday of $4.94 per diluted share compared with $4.20 a year earlier.

Analysts polled by Capital IQ expected $4.62.

Revenue for the quarter ended March 31 was $2.18 billion, up from $2.09 billion a year earlier.

Analysts expected $2.14 billion.

For 2024, the company is projecting adjusted EPS of $4.10 to $4.30 on revenue of $3.53 billion to $3.589 billion.

Analysts polled by Capital IQ are looking for $4.24 per share and $3.55 billion, respectively.

Price: 53.38, Change: +4.19, Percent Change: +8.51