H&R Block Q4 Earnings: Revenue Beat, EPS Beat, Strong Guidance, $1.5B Buyback, Stock Up 9%
Portfolio Pulse from Adam Eckert
H&R Block Inc (NYSE:HRB) reported strong Q4 earnings, beating revenue and EPS estimates. The company announced a $1.5 billion share buyback program and increased its quarterly dividend by 17%. H&R Block provided strong guidance for FY25, expecting revenue and adjusted earnings to exceed estimates. The stock rose 9.24% in after-hours trading.
August 15, 2024 | 9:12 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
H&R Block reported strong Q4 earnings, beating revenue and EPS estimates. The company announced a $1.5 billion share buyback program and increased its quarterly dividend by 17%. Strong FY25 guidance was provided, with revenue and adjusted earnings expected to exceed estimates. The stock rose 9.24% in after-hours trading.
The strong Q4 earnings report, combined with the announcement of a significant share buyback program and a dividend increase, positively impacts investor sentiment. The strong FY25 guidance further boosts confidence in the company's future performance, leading to a 9.24% increase in the stock price in after-hours trading.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100