DALLAS, Dec. 28, 2010 (GLOBE NEWSWIRE) -- MicroStockProfit.com announces an investment report featuring Jackson Hewitt Tax Service Inc. (NYSE:JTX). The report includes financial, comparative and investment analyses, and industry information you need to know to make an educated investment decision.
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Jackson Hewitt Tax Service Inc. operates a computerized tax preparation service for filing of federal, state and local individual income tax returns in the United States. Through its franchised and company-owned network of offices, the Company offers its services under the Jackson Hewitt Tax Service brand name.
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In the report, the analyst notes:
"Revenue is derived from franchise fees, services fees from its company-owned offices, and financial product fees. Though the Company has reported losses in three of the last four quarters, revenue and earnings are expected to stabilize in fiscal 2011.
"Since rapid refund services remain popular with a bulk of low-income clients, the Company expects to take market share and revenue away from H&R Block due to Jackson Hewitt's amended agreement with Republic Bank & Trust."
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