H&R Block shares are trading higher after the company reported better-than-expected Q4 financial results and issued FY25 guidance above estimates. Also, the company announced a quarterly dividend increase and $1.5 billion share repurchase authorization.
Portfolio Pulse from Benzinga Newsdesk
H&R Block shares are trading higher following the release of better-than-expected Q4 financial results and FY25 guidance above estimates. The company also announced a quarterly dividend increase and a $1.5 billion share repurchase authorization.
August 16, 2024 | 11:34 am
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H&R Block shares are trading higher due to better-than-expected Q4 financial results, FY25 guidance above estimates, a quarterly dividend increase, and a $1.5 billion share repurchase authorization.
The combination of strong financial performance, positive future guidance, increased dividends, and a significant share repurchase program is likely to boost investor confidence and drive the stock price higher in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100