earnings
confidence high
sentiment positive
materiality 0.85
H&R Block reports FY22 revenue $3.46B, adj EPS $3.51; raises dividend 7%, authorizes $1.25B buyback
H&R BLOCK INC
2022-FY EPS reported
$3.22
revenue$3,463,270,000
- FY22 revenue $3.463B (-3.5% reported, normalized +5%); EPS $3.26; adjusted EPS $3.51 (normalized +18.2%).
- Repurchased $550M of stock in FY22, retiring 13% of shares at avg $23.84 per share.
- Quarterly dividend increased 7% to $0.29 per share; payable Oct 3, 2022 to holders of record Sep 8.
- Board approved new $1.25B share repurchase authorization effective through fiscal year 2025.
- FY23 outlook guides to growth in revenue, EBITDA, and adjusted earnings per share.