other material
confidence high
sentiment neutral
materiality 0.30
H&R Block recasts historical financials after fiscal year change to June 30
H&R BLOCK INC
- Board approved fiscal year end change from April 30 to June 30 effective July 1, 2021.
- Recast unaudited results for quarterly periods ended Sep/Dec/Mar/Jun through June 30, 2021.
- Twelve months ended June 2021: total revenue $3.59B, net income $684M, diluted EPS $3.64.
- Adjusted diluted EPS for twelve months: $3.94; EBITDA from continuing ops $1.05B.
- No restatement of prior financials; recast only for comparability after fiscal year change.