H&R Block Q4 2023 Earnings Report
Key Takeaways
H&R Block reported full year revenue of $3.5 billion, a 0.3% increase year-over-year. Earnings per share from continuing operations grew by 9% to $3.56, and adjusted earnings per share also increased by 9% to $3.82. The company repurchased $200 million of shares in the fourth quarter and announced a 10% increase in its quarterly dividend.
Full year revenue increased by 0.3% to $3.5 billion.
Earnings per share from continuing operations increased by 9% to $3.56.
Adjusted earnings per share from continuing operations increased by 9% to $3.82.
The company repurchased $200 million of shares in Q4 and 9% of shares outstanding in FY23.
H&R Block
H&R Block
H&R Block Revenue by Segment
Forward Guidance
For fiscal year 2024, H&R Block expects revenue to be in the range of $3.530 to $3.585 billion, EBITDA to be in the range of $930 to $965 million, an effective tax rate of approximately 23%, and adjusted diluted earnings per share to be in the range of $4.10 to $4.30.
Positive Outlook
- Revenue to be in the range of $3.530 to $3.585 billion.
- EBITDA to be in the range of $930 to $965 million.
- Effective tax rate to be approximately 23%.
- Adjusted Diluted Earnings Per Share to be in the range of $4.10 to $4.30.
Revenue & Expenses
Visualization of income flow from segment revenue to net income