secwatch.observer — SEC 8-K summary
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Issuer:     H&R BLOCK INC (HRB)
CIK:        0000012659
Form:       8-K
Filed at:   2023-11-07T23:59:59+00:00
Accession:  0001838862-23-000038
Event type: earnings
Sentiment:  neutral
Materiality: 0.35
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

H&R Block Q1 revenue $183.8M (+2% YoY), pretax loss narrows to $212.4M; outlook reaffirmed
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- Revenue $183.8M (+2% YoY) driven by higher US assisted tax prep average charge, partially offset by lower Emerald Card revenue.
- Pretax loss improved $9M to $212.4M due to higher revenue and interest income.
- Loss per share from continuing ops $(1.11) (vs $(1.05) prior year); adjusted loss $(1.05) (vs $(0.99)).
- Repurchased 3.3M shares for $132M at $40.43/share; $568.1M remaining on $1.25B authorization.
- Full-year FY2024 outlook reaffirmed; management cites good start to year.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/12659/000183886223000038/0001838862-23-000038-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/12659/000183886223000038/hrb-20231107.htm
  HTML page:      https://secwatch.observer/filing/0001838862-23-000038

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer