H&R Block: in demand after annual results
(CercleFinance.com) - H&R Block shares are up 12%, the day after the tax services firm announced an increase in its dividend and share buybacks, on the occasion of the publication of sound annual results.
The Kansas City, Missouri-based group will thus increase its quarterly dividend by 17% to $0.375 per share, and has authorized share buybacks worth $1.5bn; a new authorization replacing the previous one.
For the year just ended, it posted adjusted EPS that is up 15% to $4.41, EBITDA of $963m and revenues that increased 4% to $3.61bn, claiming great strides made in its different products and services.
For FY 2024-25, H&R Block anticipates adjusted EPS of $5.15 to $5.35, EBITDA of around $975m to $1.02bn, and revenues of between $3.69bn to $3.75bn or thereabouts.
Copyright (c) 2024 CercleFinance.com. All rights reserved.
The Kansas City, Missouri-based group will thus increase its quarterly dividend by 17% to $0.375 per share, and has authorized share buybacks worth $1.5bn; a new authorization replacing the previous one.
For the year just ended, it posted adjusted EPS that is up 15% to $4.41, EBITDA of $963m and revenues that increased 4% to $3.61bn, claiming great strides made in its different products and services.
For FY 2024-25, H&R Block anticipates adjusted EPS of $5.15 to $5.35, EBITDA of around $975m to $1.02bn, and revenues of between $3.69bn to $3.75bn or thereabouts.
Copyright (c) 2024 CercleFinance.com. All rights reserved.