H&R Block Q1 2025 Earnings Report
Key Takeaways
H&R Block reported a 5% increase in revenue for the first quarter of fiscal year 2025, amounting to $193.8 million. The company also repurchased approximately $210 million of shares. The company reaffirmed its full year outlook.
Revenue increased by 5% compared to the prior year, reaching $193.8 million.
The company repurchased approximately $210 million of shares during the quarter.
Pretax loss increased by $19.9 million to $232.3 million.
Loss per share increased to $(1.23) from $(1.11), and adjusted loss per share increased to $(1.17) from $(1.05).
H&R Block
H&R Block
H&R Block Revenue by Segment
H&R Block Revenue by Geographic Location
Forward Guidance
The Company continues to expect: •Revenue to be in the range of $3.69 to $3.75 billion. •EBITDA4 to be in the range of $975 million to $1.02 billion. •Effective tax rate to be approximately 13%, resulting in a one-time benefit to EPS of approximately 50 cents. •Adjusted Diluted Earnings Per Share4 to be in the range of $5.15 to $5.35.
Positive Outlook
- Revenue to be in the range of $3.69 to $3.75 billion.
- EBITDA to be in the range of $975 million to $1.02 billion.
- Effective tax rate to be approximately 13%.
- One-time benefit to EPS of approximately 50 cents.
- Adjusted Diluted Earnings Per Share to be in the range of $5.15 to $5.35.
Revenue & Expenses
Visualization of income flow from segment revenue to net income