
H&R Block has reported impressive fourth-quarter earnings, with revenue reaching $1.063 billion and earnings per share at $1.89, surpassing market expectations. The company also announced a significant $1.5 billion share buyback program, contributing to a 9% increase in its stock price. For the full fiscal year, H&R Block's revenue reached $3.61 billion, marking a 4% increase driven by higher net average charges and volumes. The company also reported a net income of $595.32 million, a 7.52% year-over-year increase. Additionally, H&R Block declared a 17% increase in its dividend, further boosting investor confidence. The company also provided strong guidance for the upcoming fiscal year.
H&R Block, $HRB, FY24 Results: (+9% After Hours) 📊 Adj EPS: $4.41 🟢 💰 Revenue: $3.61B 🟢 📈 Net Income: $595.32M (+7.52% YoY) 🔍 Important Fact: The company announced a 17% dividend increase and a new $1.5B share repurchase authorization.
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$HRB (+8.0% pre) H&R Block stock climbs on earnings beat, strong guidance, dividend boost, $1.5B buyback - SA https://t.co/ZkyQTobAjo