Welcome to our dedicated page for Block (H.&R.) news (Ticker: HRB), a resource for investors and traders seeking the latest updates and insights on Block (H.&R.) stock.
H&R Block (HRB) delivers tax preparation services and financial solutions through its nationwide network and digital platforms. This news hub provides investors and stakeholders with verified updates directly from the company and trusted financial sources.
Track official press releases covering quarterly earnings, regulatory developments, and service innovations. Find timely reports on strategic partnerships, leadership updates, and new product launches that shape HRB's position in tax services and financial technology.
Our curated collection includes filings with the SEC, executive statements, and analyses of operational milestones. Bookmark this page for efficient monitoring of HRB's business decisions and market responses. Check regularly for essential updates that may impact your financial assessments.
KANSAS CITY, Mo., Nov. 3, 2022 – H&R Block (NYSE: HRB) announced a quarterly cash dividend of $0.29 per share, payable on January 3, 2023, to shareholders of record as of December 6, 2022. The company has consistently paid dividends since going public in 1962, and since 2016, it has increased the dividend by over 45% while returning nearly $3 billion to shareholders through dividends and share repurchases.
H&R Block (HRB) reported fiscal Q1 2023 results with total revenue of $180 million, down 7% year-over-year, impacted by prior year's Child Tax Credit. The company effectively repurchased $219.8 million in shares, reducing share count by 3%. Total operating expenses rose 6% to $389.1 million, leading to an increased pretax loss of $221.3 million. H&R Block reaffirms its revenue outlook of $3.535 to $3.585 billion and anticipates adjusted EPS between $3.70 and $3.95, projecting double-digit growth annually until 2025.
H&R Block has announced the IRS’s distribution of letters to nine million taxpayers about potential eligibility for unclaimed tax credits. These letters encourage individuals not typically required to file tax returns to consider filing for 2021, which may allow access to credits including the Recovery Rebate, Child Tax, and Earned Income Tax credits, expanded under the 2021 American Rescue Plan Act. Taxpayers seeking assistance can consult with H&R Block tax professionals to navigate the filing process and maximize their potential refunds.
H&R Block (NYSE: HRB) will announce its fiscal 2023 first quarter results on November 1, 2022, following market close. A press release and presentation will be available on the investor relations website. The company will host a conference call for analysts and shareholders at 4:30 PM ET that same day to discuss earnings and business outlook. Participants must register to join. The call will also be available for the public via a webcast, with a replay option for 90 days.
Block Advisors by H&R Block (NYSE: HRB) has launched a new online business formation tool, allowing customers to initiate the registration process in just 10 minutes. This tool aims to simplify the often overwhelming process of forming a business entity, which has become increasingly relevant as 3.6 million new businesses were registered in 2022 to date. The service helps entrepreneurs choose the right entity type while providing access to tax-saving insights from certified tax professionals. This initiative reflects H&R Block's commitment to supporting small businesses.
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