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Jun 30, 2024
H&R Block Q4 2024 Earnings Report
H&R Block's financial performance remained strong, marked by revenue growth and strategic capital allocation.
Key Takeaways
H&R Block reported a revenue increase of 4% and an EPS increase of 16% for fiscal year 2024. The company also announced a 17% increase in its quarterly dividend and a new $1.5 billion share repurchase authorization, demonstrating confidence in its future.
Full year revenue increased by 4% to $3.6 billion.
Earnings per share from continuing operations increased by 16% to $4.14.
A 17% increase in the quarterly dividend was announced, bringing it to $0.375 per share.
A new share repurchase authorization of $1.5 billion was approved.
Revenue by Segment
Revenue by Geographic Location
Forward Guidance
For fiscal year 2025, the Company expects revenue to be in the range of $3.69 to $3.75 billion and Adjusted Diluted Earnings Per Share 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%.
- Adjusted Diluted Earnings Per Share to be in the range of $5.15 to $5.35.
- Tax rate is positively impacted due to the anticipated closure of various matters under examination and the expiration of statute of limitations.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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