H&R Block (NYSE:HRB) released its fourth-quarter results today, surpassing the consensus expectations. Following the announcement, shares rose more than 5% after-hours.
The tax preparation firm disclosed that it achieved an adjusted EPS of $2.05, with revenue amounting to $1.03 billion. These figures exceeded the predictions of Wall Street analysts, who had anticipated earnings of $1.88 per share on revenue totaling $1.01 billion.
As it looks forward to the fiscal year 2024, the company anticipates an adjusted EPS falling within the range of $4.10 to $4.30, while revenue is projected to be between $3.53 billion and $3.59 billion. Wall Street analysts had predicted earnings of $4.01 per share on revenue of $3.57 billion.
Furthermore, the company also announced a 10% increase in its dividend.
At CWEB, we are always looking to expand our network of strategic investors and partners. If you're interested in exploring investment opportunities or discussing potential partnerships and serious inquiries. Contact: jacque@cweb.com