earnings
confidence high
sentiment negative
materiality 0.70
H&R Block reports Q1 revenue $193M, loss per share $0.84; reiterates FY2022 outlook
H&R BLOCK INC
- Revenue $193M, down 54% YoY; pretax loss $197M, driven by non-repeat of extended tax season revenue.
- Loss per share from continuing ops $0.84; adjusted loss per share $0.78.
- Repurchased $166M of shares (6.8M at $24.37); $400M remaining under authorization through June 2022.
- Reiterates FY2022 outlook; quarterly dividend of $0.27 paid Oct 1, 2021.