earnings
confidence high
sentiment neutral
materiality 0.65
H&R Block Q1 revenue up 5% to $193.8M; loss per share widens to $(1.23)
H&R BLOCK INC
- Revenue $193.8M, +5% YoY on higher assisted volume and net average charge.
- Pretax loss $232.3M, up $19.9M; GAAP loss per share $(1.23) vs $(1.11); adjusted $(1.17) vs $(1.05).
- Repurchased 3.3M shares for $209.6M ($63.51/share) in the quarter.
- Quarterly dividend $0.375/share payable Jan 6, 2025 to holders of record Dec 5, 2024.
- Full-year fiscal 2025 outlook reaffirmed; management cites operational and technical enhancements.