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H&R Block(HRB) - 2025 Q2 - Earnings Call Transcript
2025-02-05 03:07
H&R Block, Inc. (NYSE:HRB) Q2 2025 Earnings Conference Call February 4, 2025 4:30 PM ET Company Participants Colby Brown - Vice President and Corporate Controller Jeffrey Jones - President and Chief Executive Officer Tiffany Mason - Chief Financial Officer Conference Call Participants Kartik Mehta - Northcoast Research George Tong - Goldman Sachs Alexander Paris - Barrington Research Scott Schneeberger - Oppenheimer Operator Thank you for standing by and welcome to H&R Block's Second Quarter Fiscal Year 202 ...
Compared to Estimates, H&R Block (HRB) Q2 Earnings: A Look at Key Metrics
ZACKS· 2025-02-05 00:36
H&R Block (HRB) reported $179.07 million in revenue for the quarter ended December 2024, representing a year-over-year decline of 0%. EPS of -$1.73 for the same period compares to -$1.27 a year ago.The reported revenue represents a surprise of -2.03% over the Zacks Consensus Estimate of $182.77 million. With the consensus EPS estimate being -$1.53, the EPS surprise was -13.07%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Str ...
H&R Block (HRB) Reports Q2 Loss, Misses Revenue Estimates
ZACKS· 2025-02-04 23:56
H&R Block (HRB) came out with a quarterly loss of $1.73 per share versus the Zacks Consensus Estimate of a loss of $1.53. This compares to loss of $1.27 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -13.07%. A quarter ago, it was expected that this tax preparer would post a loss of $1.21 per share when it actually produced a loss of $1.17, delivering a surprise of 3.31%.Over the last four quarters, the company has surpassed ...
H&R Block(HRB) - 2025 Q2 - Quarterly Results
2025-02-04 21:06
Exhibit 99.1 News Release For Immediate Release: February 4, 2025 H&R Block Reports Fiscal 2025 Second Quarter Results — Repurchased $190 Million of Shares— — Reaffirms Full Year Outlook — KANSAS CITY, Mo. - H&R Block, Inc. (NYSE: HRB) (the "Company") today released financial results for its fiscal 2025 second quarter ended December 31, 2024. 1 "I am pleased with our performance in the first half of the year," said Jeff Jones, president and chief executive officer. "We are reaffirming our fiscal 2025 outloo ...
H&R Block Reports Fiscal 2025 Second Quarter Results
GlobeNewswire· 2025-02-04 21:05
— Repurchased $190 Million of Shares— — Reaffirms Full Year Outlook — KANSAS CITY, Mo., Feb. 04, 2025 (GLOBE NEWSWIRE) -- H&R Block, Inc. (NYSE: HRB) (the "Company") today released financial results1 for its fiscal 2025 second quarter ended December 31, 2024. "I am pleased with our performance in the first half of the year," said Jeff Jones, president and chief executive officer. "We are reaffirming our fiscal 2025 outlook, and are well prepared to deliver this tax season and in the second half of the fisca ...
HRB Stock Consolidates for a Month: Is This a Buying Opportunity?
ZACKS· 2025-01-23 18:05
H&R Block, Inc. (HRB) stock has been in a consolidation phase, losing a modest 2% over the past month compared with the industry's 2.3% growth.This analysis will explore HRB’s performance to assess whether its current levels offer an attractive entry point for investors.H&R Block's Strategic Growth Powers Future SuccessH&R Block looks well-poised to gain from its five-year strategy, Block Horizons 2025. The company has successfully attained the three strategic imperatives of the strategy in 2024, and we exp ...
What Taxpayers Should Know About Big Changes to Form 1099-K Reporting
GlobeNewswire· 2025-01-22 13:00
Block Advisors by H&R Block demystifies a change impacting millions of small businesses, freelancers, and gig economy side hustlers this tax seasonKANSAS CITY, Mo., Jan. 22, 2025 (GLOBE NEWSWIRE) -- The millions of Americans with revenue-generating side hustles and casual sellers may be in for a big surprise this January—an unexpected tax form called the 1099-K. Payment platforms, apps and online marketplaces must issue a Form 1099-K to anyone who received $5,000 or more in payments on any single platform i ...
H&R Block to Release Fiscal 2025 Second Quarter Results on February 4, 2025
GlobeNewswire· 2025-01-21 21:35
Earnings Announcement - H&R Block Inc will report fiscal 2025 second quarter results on February 4 2025 after the New York Stock Exchange market close [1] - The press release and presentation will be available on the company's investor relations website [1] Conference Call Details - A conference call for analysts institutional investors and shareholders will be held at 4:30 pm Eastern time on February 4 2025 [2] - Participants must register to receive a dial-in number and unique PIN to access the call [2] - The call will discuss fiscal 2025 second quarter results outlook and provide a general business update [2] Webcast Information - The conference call will be webcast in a listen-only format for the media and public [3] - The webcast will be available for replay 2 hours after the call and will remain accessible for 90 days [3] Company Overview - H&R Block Inc provides global tax preparation services financial products and small-business solutions [4] - The company offers digital innovation combined with human expertise through its mobile banking app Spruce [4] - Through Block Advisors and Wave the company supports small-business owners with bookkeeping payroll advisory and payment processing solutions [4] Contact Information - Investor Relations contact: Jordyn Eskijian (816) 854-5674 jordyn eskijian@hrblock com [5] - Media Relations contact: Teri Daley (816) 854-3787 teri daley@hrblock com [5] - Media Desk contact: mediadesk@hrblock com [5]
What PMI Data Says About the NFP Report: 3 Hidden Opportunities
MarketBeat· 2025-01-14 12:45
iShares 20+ Year Treasury Bond ETF (TLT) - The iShares 20+ Year Treasury Bond ETF (TLT) closed at $85.43, down by $0.03 (-0.04%) with a 52-week range between $85.04 and $101.64 [1] - The ETF has a dividend yield of 4.39% and assets under management totaling $50.35 billion [1] - Bond prices recovered after a brief sell-off following the NFP report, indicating potential buying opportunities [1] - Goldman Sachs has recommended bonds, suggesting a potential upward trend for the bond ETF [1] Non-Farm Payrolls (NFP) Report Impact - The NFP report exceeded consensus expectations by nearly 100,000 jobs, leading to a significant sell-off in the SPDR S&P 500 ETF Trust (SPY) [5] - The report showed job growth primarily in the financial and retail sectors, driven by seasonal factors [5] - The manufacturing sector experienced a 28-month consecutive contraction in employment, while the services sector added mostly part-time and seasonal jobs [7][9] - The NFP report may not reflect real economic growth, as full-time jobs are more indicative of economic expansion [6] Schwab US Dividend Equity ETF (SCHD) - The Schwab US Dividend Equity ETF (SCHD) is not among the top five stocks recommended by top-rated analysts [3] - The ETF offers a dividend yield of 9.38% with assets under management of $65.32 billion [14] - Shareholders receive up to $2.56 in dividend payouts per share, providing a cushion against potential economic volatility [14] Energy Select Sector SPDR Fund (XLE) - The Energy Select Sector SPDR Fund (XLE) closed at $90.25, up by $1.86 (+2.10%) with a 52-week range between $78.98 and $98.97 [10] - The fund has a dividend yield of 3.57% and assets under management of $33.71 billion [10] - Goldman Sachs and Warren Buffett have both shown a preference for oil, with Buffett acquiring up to 29% of Occidental Petroleum Co. (OXY) [11] - Hedge funds are increasing positions in oil futures, indicating a bet on higher oil prices [12] Market Implications - Higher bond prices lead to lower bond yields, prompting income-focused investors to seek alternatives such as dividend stocks [13] - The economy may face downward revisions in job numbers, similar to the 818,000 jobs erased from the NFP in August 2024 [9] - Investors are advised to consider opportunities in bonds, dividend stocks, and the energy sector to navigate potential economic volatility [5][14][12]
What Tax Filers Need to Know To Get The Best Outcome This Tax Season
GlobeNewswire· 2025-01-14 12:00
H&R Block combines 70 years of trusted expertise with cutting-edge technology and unparalleled support to ensure hardworking Americans get every dollar they deserve at tax timeKANSAS CITY, Mo., Jan. 14, 2025 (GLOBE NEWSWIRE) -- With e-file set to open on Jan. 27, H&R Block (NYSE: HRB) is arming taxpayers with the latest information regarding significant changes to tax laws, deductions and credits that could impact individual returns, and the resources needed to minimize tax liabilities and receive their max ...