earnings
confidence high
sentiment negative
materiality 0.70
H&R Block reports Q3 revenue $2.1B (+2%), EPS $4.14 (+2%); cuts FY23 outlook
H&R BLOCK INC
2023-Q3 EPS reported
$1.58
revenue$2,440,039,000
- Revenue $2.1B, +2% YoY; EPS $4.14, +2%; adjusted EPS $4.20, +2%.
- Assisted net average charge grew 4% YoY; DIY performed strongly.
- Company lowers FY23 outlook due to softer industry and Assisted volume, plus FX impact.
- Approximately $900M remains on $1.25B share repurchase authorization through FY2025.