{"id":64573,"date":"2024-08-15T15:41:05","date_gmt":"2024-08-15T20:41:05","guid":{"rendered":"https:\/\/resource-center.hrblock.com\/?post_type=newsroom&#038;p=64573"},"modified":"2024-08-15T15:41:06","modified_gmt":"2024-08-15T20:41:06","slug":"fiscal-year-2024-fourth-quarter-results","status":"publish","type":"newsroom","link":"https:\/\/hrbcomlnp.hrblock.com\/tax-center\/newsroom\/company-news\/fiscal-year-2024-fourth-quarter-results\/","title":{"rendered":"H&#038;R Block Reports FY24 Results; Announces 17% Dividend Increase, &#038; $1.5B Share Repurchase Authorization"},"content":{"rendered":"\n<p>KANSAS CITY, Mo., Aug. 15, 2024 (GLOBE NEWSWIRE) &#8212; H&amp;R Block, Inc. (NYSE: HRB) (the &#8220;Company&#8221;) today released its financial results<sup>1<\/sup>&nbsp;&nbsp;for the fiscal year ended June 30, 2024.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><em>H&amp;R Block reported full year revenue of $3.6 billion (4% increase) and earnings per share from continuing operations<sup>2<\/sup>&nbsp;of $4.14 (16% increase)<\/em><\/li>\n\n\n\n<li><em>In FY24, the Company repurchased $350 million, or another 5.5%,<\/em><em>&nbsp;of shares outstanding at an average price of $43.66<\/em><\/li>\n\n\n\n<li><em>The Company announced a 17% increase in its quarterly dividend to $0.375 per share<\/em><\/li>\n\n\n\n<li><em>The Company announced a new share repurchase authorization of $1.5 billion, which replaces the prior authorization<\/em><\/li>\n\n\n\n<li><em>The FY25 outlook guides to another year of revenue growth, EBITDA that outpaces revenue, and earnings per share that grows even faster<\/em><\/li>\n<\/ul>\n\n\n\n<p>&#8220;In fiscal 2024 we made strides across our different products and services that provide value to our clients and help enable their financial confidence,&#8221; said Jeff Jones H&amp;R Block&#8217;s president and chief executive officer. &#8220;We continue to make progress, gain new insight, and translate this client success into value for shareholders, and are well positioned to build on this momentum in fiscal 2025 and beyond.&#8221;<\/p>\n\n\n\n<p><strong>Fiscal 2024 Results from Continuing Operations and Key Financial Metrics<\/strong><\/p>\n\n\n\n<p>&#8220;I am pleased with our financial performance in 2024 resulting in another year of strong free cash flow and capital allocation,&#8221; said Tony Bowen, H&amp;R Block&#8217;s chief financial officer. &#8220;In addition, today&#8217;s announcement of a 17% dividend increase and new $1.5B share repurchase authorization reflects the Board&#8217;s support of our strategy and confidence in our future.&#8221;<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"310\" src=\"https:\/\/www.hrblock.com\/tax-center\/wp-content\/uploads\/2024\/08\/image-1024x310.png\" alt=\"\" class=\"wp-image-64574\" srcset=\"https:\/\/hrbcomlnp.hrblock.com\/tax-center\/wp-content\/uploads\/2024\/08\/image-1024x310.png 1024w, https:\/\/hrbcomlnp.hrblock.com\/tax-center\/wp-content\/uploads\/2024\/08\/image-300x91.png 300w, https:\/\/hrbcomlnp.hrblock.com\/tax-center\/wp-content\/uploads\/2024\/08\/image-768x232.png 768w, https:\/\/hrbcomlnp.hrblock.com\/tax-center\/wp-content\/uploads\/2024\/08\/image-50x15.png 50w, https:\/\/hrbcomlnp.hrblock.com\/tax-center\/wp-content\/uploads\/2024\/08\/image.png 1252w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Total revenue of $3.6&nbsp;billion increased by $138.2 million, or 4.0%, primarily due to a higher net average charge and company-owned volumes in the Assisted category combined with greater online paid returns at a higher net average charge in DIY, partially offset by lower Emerald Card<sup>\u00ae<\/sup>&nbsp;activity in the current year.<\/li>\n\n\n\n<li>Total operating expenses of $2.8&nbsp;billion increased by $81.6 million, or 3.0%, primarily due to higher labor costs and bad debt expense, partially offset by lower consulting and outsourced services.<\/li>\n\n\n\n<li>Pretax income of $762.3 million increased by $51.1 million, or 7.2%, primarily due to higher revenues in the current year.<\/li>\n\n\n\n<li>Earnings per share from continuing operations<sup>2<\/sup>&nbsp;of $4.14 increased by $0.58, or 16.3%; adjusted earnings per share from continuing operations<sup>2<\/sup>&nbsp;of $4.41 increased by $0.59, or 15.4%.<\/li>\n<\/ul>\n\n\n\n<p><strong>Capital Structure<\/strong><\/p>\n\n\n\n<p>The Company reported the following related to its capital structure:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>In fiscal year 2024, the Company repurchased and retired approximately 8.0 million shares, or 5.5% of shares outstanding, at an aggregate price of $350 million, or $43.66 per share.<\/li>\n\n\n\n<li>The Company announced today that the Board of Directors approved a new share repurchase authorization of $1.5 billion, which replaces the prior authorization.<\/li>\n\n\n\n<li>The Company also announced today that the Board of Directors increased the quarterly dividend by 17%, representing the seventh increase in seven years. The quarterly cash dividend is now $0.375 per share, payable on October 3, 2024 to shareholders of record as of September 5, 2024.<\/li>\n<\/ul>\n\n\n\n<p>H&amp;R Block has paid quarterly dividends consecutively since the Company became public in 1962. Since 2016, the Company has returned more than $3.9 billion to shareholders in the form of share repurchases and dividends.<\/p>\n\n\n\n<p><strong>FY25 Outlook<\/strong><\/p>\n\n\n\n<p>For fiscal year 2025, the Company expects:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Revenue to be in the range of $3.69 to $3.75 billion.<\/li>\n\n\n\n<li>EBITDA<sup>3<\/sup>&nbsp;to be in the range of $975 million to $1.02 billion.<\/li>\n\n\n\n<li>Effective tax rate to be approximately 13%. The tax rate is positively impacted due to the anticipated closure of various matters under examination and the expiration of statute of limitations. We expect this to contribute approximately 50 cents to EPS.<\/li>\n\n\n\n<li>Adjusted Diluted Earnings Per Share<sup>3<\/sup>&nbsp;to be in the range of $5.15 to $5.35.<\/li>\n<\/ul>\n\n\n\n<p><strong>Conference Call &amp; Webcast<\/strong><\/p>\n\n\n\n<p>A conference call for analysts, institutional investors, and shareholders will be held at 4:30 p.m. Eastern time on Thursday, August 15, 2024. During the conference call the Company will discuss fiscal 2024 results, outlook, and give a general business update. To join live, participants must register at https:\/\/register.vevent.com\/register\/BIde20112dcb6f48afb47e1f4828d62d83. Once registered, the participant will receive a dial-in number and unique PIN to access the call. Please join approximately 5 minutes prior to the scheduled start time.<\/p>\n\n\n\n<p>The call, along with a presentation for viewing, will also be webcast in a listen-only format for the media and public. The webcast can be accessed directly at https:\/\/edge.media-server.com\/mmc\/p\/yzzds4pa and will be available for replay 2 hours after the call is concluded and continuing for 90 days.<\/p>\n\n\n\n<p><strong>About H&amp;R Block<\/strong><\/p>\n\n\n\n<p>H&amp;R Block, Inc. (NYSE: HRB) provides help and inspires confidence in its clients and communities everywhere through global\u202f<a href=\"https:\/\/www.hrblock.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">tax preparation services<\/a>,\u202f<a href=\"https:\/\/www.hrblock.com\/financial-services\/\" target=\"_blank\" rel=\"noreferrer noopener\">financial products<\/a>, and\u202f<a href=\"https:\/\/www.hrblock.com\/tax-offices\/business-services\/\" target=\"_blank\" rel=\"noreferrer noopener\">small-business solutions<\/a>. The company blends digital innovation with human expertise and care as it helps people get the best outcome at tax time and also be better with money using its mobile banking app,\u202f<a href=\"https:\/\/www.sprucemoney.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">Spruce<\/a>. Through\u202f<a href=\"https:\/\/www.blockadvisors.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">Block Advisors<\/a>\u202fand\u202f<a href=\"https:\/\/www.waveapps.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">Wave<\/a>, the company helps small-business owners thrive with year-round bookkeeping, payroll, advisory, and payment processing solutions. For more information, visit\u202f<a href=\"https:\/\/www.hrblock.com\/tax-center\/newsroom\/\" target=\"_blank\" rel=\"noreferrer noopener\">H&amp;R Block News<\/a>.\u202f\u202f\u00a0<\/p>\n\n\n\n<p><strong>About Non-GAAP Financial Information<\/strong><\/p>\n\n\n\n<p>This press release and the accompanying tables include non-GAAP financial information. For a description of these non-GAAP financial measures, including the reasons management uses each measure, and reconciliations of these non-GAAP financial measures to the most directly comparable financial measures prepared in accordance with generally accepted accounting principles, please see the section of the accompanying tables titled &#8220;Non-GAAP Financial Information.&#8221;<\/p>\n\n\n\n<p><strong>Forward-Looking Statements<\/strong><\/p>\n\n\n\n<p>This press release contains forward-looking statements within the meaning of the securities laws. Forward-looking statements can be identified by the fact that they do not relate strictly to historical or current facts. They often include words or variation of words such as &#8220;expects,&#8221; &#8220;anticipates,&#8221; &#8220;intends,&#8221; &#8220;plans,&#8221; &#8220;believes,&#8221; &#8220;commits,&#8221; &#8220;seeks,&#8221; &#8220;estimates,&#8221; &#8220;projects,&#8221; &#8220;forecasts,&#8221; &#8220;targets,&#8221; &#8220;would,&#8221; &#8220;will,&#8221; &#8220;should,&#8221; &#8220;goal,&#8221; &#8220;could&#8221; or &#8220;may&#8221; or other similar expressions. Forward-looking statements provide management&#8217;s current expectations or predictions of future conditions, events or results. All statements that address operating performance, events or developments that we expect or anticipate will occur in the future are forward-looking statements. They may include estimates of revenues, client trajectory, income, effective tax rate, earnings per share, cost savings, capital expenditures, dividends, share repurchases, liquidity, capital structure, market share, industry volumes or other financial items, descriptions of management\u2019s plans or objectives for future operations, products or services, or descriptions of assumptions underlying any of the above. They may also include the expected impact of external events beyond the Company\u2019s control, such as outbreaks of infectious disease, severe weather events, natural or manmade disasters, or changes in the regulatory environment in which we operate. All forward-looking statements speak only as of the date they are made and reflect the Company&#8217;s good faith beliefs, assumptions and expectations, but they are not guarantees of future performance or events. Furthermore, the Company disclaims any obligation to publicly update or revise any forward-looking statement to reflect changes in underlying assumptions, factors, or expectations, new information, data or methods, future events or other changes, except as required by law. By their nature, forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those suggested by the forward-looking statements. Factors that might cause such differences include, but are not limited to a variety of economic, competitive and regulatory factors, many of which are beyond the Company&#8217;s control, that are described in our Annual Report on Form 10-K for the most recently completed fiscal year in the section entitled &#8220;Risk Factors&#8221; and additional factors we may describe from time to time in other filings with the Securities and Exchange Commission. You may get such filings for free at our website at https:\/\/investors.hrblock.com. In addition, factors that may cause the Company\u2019s actual estimated effective tax rate to differ from estimates include the Company\u2019s actual results from operations compared to current estimates, future discrete items, changes in interpretations and assumptions the Company has made, future actions of the Company, or increases in applicable tax rates in jurisdictions where the Company operates. You should understand that it is not possible to predict or identify all such factors and, consequently, you should not consider any such list to be a complete set of all potential risks or uncertainties.<\/p>\n\n\n\n<p><sup>1<\/sup>\u00a0All amounts in this release are unaudited. Unless otherwise noted, all comparisons refer to the current period compared to the corresponding prior year period.<br><sup>2<\/sup>\u00a0All per share amounts are based on continuing operations and fully diluted shares at the end of the corresponding period. The company reports non-GAAP financial measures of performance, including adjusted earnings per share (EPS), earnings before interest, tax, depreciation, and amortization (EBITDA) from continuing operations, free cash flow, and free cash flow yield, which it considers to be useful metrics for management and investors to evaluate and compare the ongoing operating performance of the company. See &#8220;About Non-GAAP Financial Information&#8221; below for more information regarding financial measures not prepared in accordance with generally accepted accounting principles (GAAP).<br><sup>3<\/sup>\u00a0Adjusted Diluted EPS and EBITDA from continuing operations are non-GAAP financial measures. Future period non-GAAP outlook includes adjustments for items not indicative of our core operations, which may include, without limitation, items described in the below section titled \u201cNon-GAAP Financial Information\u201d and in the accompanying tables. Such adjustments may be affected by changes in ongoing assumptions and judgments, as well as nonrecurring, unusual, or unanticipated charges, expenses or gains, or other items that may not directly correlate to the underlying performance of our business operations. The exact amounts of these adjustments are not currently determinable but may be significant. It is therefore not practicable to provide the comparable GAAP measures or reconcile this non-GAAP outlook to the most comparable GAAP measures.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"657\" src=\"https:\/\/www.hrblock.com\/tax-center\/wp-content\/uploads\/2024\/08\/image-1-1024x657.png\" alt=\"\" class=\"wp-image-64575\" style=\"width:1022px;height:auto\" srcset=\"https:\/\/hrbcomlnp.hrblock.com\/tax-center\/wp-content\/uploads\/2024\/08\/image-1-1024x657.png 1024w, https:\/\/hrbcomlnp.hrblock.com\/tax-center\/wp-content\/uploads\/2024\/08\/image-1-300x192.png 300w, https:\/\/hrbcomlnp.hrblock.com\/tax-center\/wp-content\/uploads\/2024\/08\/image-1-768x493.png 768w, https:\/\/hrbcomlnp.hrblock.com\/tax-center\/wp-content\/uploads\/2024\/08\/image-1-50x32.png 50w, https:\/\/hrbcomlnp.hrblock.com\/tax-center\/wp-content\/uploads\/2024\/08\/image-1.png 1249w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"656\" src=\"https:\/\/www.hrblock.com\/tax-center\/wp-content\/uploads\/2024\/08\/image-2-1024x656.png\" alt=\"\" class=\"wp-image-64576\" srcset=\"https:\/\/hrbcomlnp.hrblock.com\/tax-center\/wp-content\/uploads\/2024\/08\/image-2-1024x656.png 1024w, https:\/\/hrbcomlnp.hrblock.com\/tax-center\/wp-content\/uploads\/2024\/08\/image-2-300x192.png 300w, https:\/\/hrbcomlnp.hrblock.com\/tax-center\/wp-content\/uploads\/2024\/08\/image-2-768x492.png 768w, https:\/\/hrbcomlnp.hrblock.com\/tax-center\/wp-content\/uploads\/2024\/08\/image-2-50x32.png 50w, https:\/\/hrbcomlnp.hrblock.com\/tax-center\/wp-content\/uploads\/2024\/08\/image-2.png 1255w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"467\" src=\"https:\/\/www.hrblock.com\/tax-center\/wp-content\/uploads\/2024\/08\/image-3-1024x467.png\" alt=\"\" class=\"wp-image-64577\" srcset=\"https:\/\/hrbcomlnp.hrblock.com\/tax-center\/wp-content\/uploads\/2024\/08\/image-3-1024x467.png 1024w, https:\/\/hrbcomlnp.hrblock.com\/tax-center\/wp-content\/uploads\/2024\/08\/image-3-300x137.png 300w, https:\/\/hrbcomlnp.hrblock.com\/tax-center\/wp-content\/uploads\/2024\/08\/image-3-768x350.png 768w, https:\/\/hrbcomlnp.hrblock.com\/tax-center\/wp-content\/uploads\/2024\/08\/image-3-50x23.png 50w, https:\/\/hrbcomlnp.hrblock.com\/tax-center\/wp-content\/uploads\/2024\/08\/image-3.png 1237w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"679\" src=\"https:\/\/www.hrblock.com\/tax-center\/wp-content\/uploads\/2024\/08\/image-4-1024x679.png\" alt=\"\" class=\"wp-image-64578\" srcset=\"https:\/\/hrbcomlnp.hrblock.com\/tax-center\/wp-content\/uploads\/2024\/08\/image-4-1024x679.png 1024w, https:\/\/hrbcomlnp.hrblock.com\/tax-center\/wp-content\/uploads\/2024\/08\/image-4-300x199.png 300w, https:\/\/hrbcomlnp.hrblock.com\/tax-center\/wp-content\/uploads\/2024\/08\/image-4-768x509.png 768w, https:\/\/hrbcomlnp.hrblock.com\/tax-center\/wp-content\/uploads\/2024\/08\/image-4-50x33.png 50w, https:\/\/hrbcomlnp.hrblock.com\/tax-center\/wp-content\/uploads\/2024\/08\/image-4.png 1212w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"670\" src=\"https:\/\/www.hrblock.com\/tax-center\/wp-content\/uploads\/2024\/08\/image-5-1024x670.png\" alt=\"\" class=\"wp-image-64579\" srcset=\"https:\/\/hrbcomlnp.hrblock.com\/tax-center\/wp-content\/uploads\/2024\/08\/image-5-1024x670.png 1024w, https:\/\/hrbcomlnp.hrblock.com\/tax-center\/wp-content\/uploads\/2024\/08\/image-5-300x196.png 300w, https:\/\/hrbcomlnp.hrblock.com\/tax-center\/wp-content\/uploads\/2024\/08\/image-5-768x502.png 768w, https:\/\/hrbcomlnp.hrblock.com\/tax-center\/wp-content\/uploads\/2024\/08\/image-5-50x33.png 50w, https:\/\/hrbcomlnp.hrblock.com\/tax-center\/wp-content\/uploads\/2024\/08\/image-5.png 1225w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"659\" src=\"https:\/\/www.hrblock.com\/tax-center\/wp-content\/uploads\/2024\/08\/image-6-1024x659.png\" alt=\"\" class=\"wp-image-64580\" srcset=\"https:\/\/hrbcomlnp.hrblock.com\/tax-center\/wp-content\/uploads\/2024\/08\/image-6-1024x659.png 1024w, https:\/\/hrbcomlnp.hrblock.com\/tax-center\/wp-content\/uploads\/2024\/08\/image-6-300x193.png 300w, https:\/\/hrbcomlnp.hrblock.com\/tax-center\/wp-content\/uploads\/2024\/08\/image-6-768x494.png 768w, https:\/\/hrbcomlnp.hrblock.com\/tax-center\/wp-content\/uploads\/2024\/08\/image-6-50x32.png 50w, https:\/\/hrbcomlnp.hrblock.com\/tax-center\/wp-content\/uploads\/2024\/08\/image-6.png 1233w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"685\" src=\"https:\/\/www.hrblock.com\/tax-center\/wp-content\/uploads\/2024\/08\/image-7-1024x685.png\" alt=\"\" class=\"wp-image-64581\" srcset=\"https:\/\/hrbcomlnp.hrblock.com\/tax-center\/wp-content\/uploads\/2024\/08\/image-7-1024x685.png 1024w, https:\/\/hrbcomlnp.hrblock.com\/tax-center\/wp-content\/uploads\/2024\/08\/image-7-300x201.png 300w, https:\/\/hrbcomlnp.hrblock.com\/tax-center\/wp-content\/uploads\/2024\/08\/image-7-768x514.png 768w, https:\/\/hrbcomlnp.hrblock.com\/tax-center\/wp-content\/uploads\/2024\/08\/image-7-50x33.png 50w, https:\/\/hrbcomlnp.hrblock.com\/tax-center\/wp-content\/uploads\/2024\/08\/image-7.png 1234w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"266\" src=\"https:\/\/www.hrblock.com\/tax-center\/wp-content\/uploads\/2024\/08\/image-8-1024x266.png\" alt=\"\" class=\"wp-image-64582\" srcset=\"https:\/\/hrbcomlnp.hrblock.com\/tax-center\/wp-content\/uploads\/2024\/08\/image-8-1024x266.png 1024w, https:\/\/hrbcomlnp.hrblock.com\/tax-center\/wp-content\/uploads\/2024\/08\/image-8-300x78.png 300w, https:\/\/hrbcomlnp.hrblock.com\/tax-center\/wp-content\/uploads\/2024\/08\/image-8-768x200.png 768w, https:\/\/hrbcomlnp.hrblock.com\/tax-center\/wp-content\/uploads\/2024\/08\/image-8-50x13.png 50w, https:\/\/hrbcomlnp.hrblock.com\/tax-center\/wp-content\/uploads\/2024\/08\/image-8.png 1216w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"507\" src=\"https:\/\/www.hrblock.com\/tax-center\/wp-content\/uploads\/2024\/08\/image-9-1024x507.png\" alt=\"\" class=\"wp-image-64583\" srcset=\"https:\/\/hrbcomlnp.hrblock.com\/tax-center\/wp-content\/uploads\/2024\/08\/image-9-1024x507.png 1024w, https:\/\/hrbcomlnp.hrblock.com\/tax-center\/wp-content\/uploads\/2024\/08\/image-9-300x149.png 300w, https:\/\/hrbcomlnp.hrblock.com\/tax-center\/wp-content\/uploads\/2024\/08\/image-9-768x381.png 768w, https:\/\/hrbcomlnp.hrblock.com\/tax-center\/wp-content\/uploads\/2024\/08\/image-9-50x25.png 50w, https:\/\/hrbcomlnp.hrblock.com\/tax-center\/wp-content\/uploads\/2024\/08\/image-9.png 1249w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"655\" src=\"https:\/\/www.hrblock.com\/tax-center\/wp-content\/uploads\/2024\/08\/image-10-1024x655.png\" alt=\"\" class=\"wp-image-64584\" srcset=\"https:\/\/hrbcomlnp.hrblock.com\/tax-center\/wp-content\/uploads\/2024\/08\/image-10-1024x655.png 1024w, https:\/\/hrbcomlnp.hrblock.com\/tax-center\/wp-content\/uploads\/2024\/08\/image-10-300x192.png 300w, https:\/\/hrbcomlnp.hrblock.com\/tax-center\/wp-content\/uploads\/2024\/08\/image-10-768x491.png 768w, https:\/\/hrbcomlnp.hrblock.com\/tax-center\/wp-content\/uploads\/2024\/08\/image-10-50x32.png 50w, https:\/\/hrbcomlnp.hrblock.com\/tax-center\/wp-content\/uploads\/2024\/08\/image-10.png 1258w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"526\" src=\"https:\/\/www.hrblock.com\/tax-center\/wp-content\/uploads\/2024\/08\/image-11-1024x526.png\" alt=\"\" class=\"wp-image-64585\" style=\"width:1024px;height:auto\" srcset=\"https:\/\/hrbcomlnp.hrblock.com\/tax-center\/wp-content\/uploads\/2024\/08\/image-11-1024x526.png 1024w, https:\/\/hrbcomlnp.hrblock.com\/tax-center\/wp-content\/uploads\/2024\/08\/image-11-300x154.png 300w, https:\/\/hrbcomlnp.hrblock.com\/tax-center\/wp-content\/uploads\/2024\/08\/image-11-768x395.png 768w, https:\/\/hrbcomlnp.hrblock.com\/tax-center\/wp-content\/uploads\/2024\/08\/image-11-50x26.png 50w, https:\/\/hrbcomlnp.hrblock.com\/tax-center\/wp-content\/uploads\/2024\/08\/image-11.png 1243w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"267\" src=\"https:\/\/www.hrblock.com\/tax-center\/wp-content\/uploads\/2024\/08\/image-12-1024x267.png\" alt=\"\" class=\"wp-image-64586\" srcset=\"https:\/\/hrbcomlnp.hrblock.com\/tax-center\/wp-content\/uploads\/2024\/08\/image-12-1024x267.png 1024w, https:\/\/hrbcomlnp.hrblock.com\/tax-center\/wp-content\/uploads\/2024\/08\/image-12-300x78.png 300w, https:\/\/hrbcomlnp.hrblock.com\/tax-center\/wp-content\/uploads\/2024\/08\/image-12-768x200.png 768w, https:\/\/hrbcomlnp.hrblock.com\/tax-center\/wp-content\/uploads\/2024\/08\/image-12-50x13.png 50w, https:\/\/hrbcomlnp.hrblock.com\/tax-center\/wp-content\/uploads\/2024\/08\/image-12.png 1237w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>KANSAS CITY, Mo., Aug. 15, 2024 (GLOBE NEWSWIRE) &#8212; H&amp;R Block, Inc. (NYSE: HRB) (the &#8220;Company&#8221;) today released its financial results1&nbsp;&nbsp;for the fiscal year ended June 30, 2024. &#8220;In fiscal 2024 we made strides across our different products and services that provide value to our clients and help enable their financial confidence,&#8221; said Jeff Jones [&hellip;]<\/p>\n","protected":false},"author":406,"featured_media":53526,"menu_order":0,"template":"","tags":[],"news-categories":[23341],"class_list":["post-64573","newsroom","type-newsroom","status-publish","has-post-thumbnail","hentry","news-categories-company-news"],"acf":{"post_rest_thumbnail_alt_id":""},"yoast_head":"<title>H&amp;R Block News Center | Q4 Fiscal 2024 Results<\/title>\n<meta name=\"description\" content=\"H&amp;R Block today released its financial results for the fourth quarter of fiscal year 2024. Read more.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/hrbcomlnp.hrblock.com\/tax-center\/newsroom\/company-news\/fiscal-year-2024-fourth-quarter-results\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"H&amp;R Block Reports FY24 Results; Announces 17% Dividend Increase, &amp; $1.5B Share Repurchase Authorization\" \/>\n<meta property=\"og:description\" content=\"H&amp;R Block today released its financial results for the fourth quarter of fiscal year 2024. Read more.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/hrbcomlnp.hrblock.com\/tax-center\/newsroom\/company-news\/fiscal-year-2024-fourth-quarter-results\/\" \/>\n<meta property=\"og:site_name\" content=\"H&amp;R Block\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/hrblock\" \/>\n<meta property=\"article:modified_time\" content=\"2024-08-15T20:41:06+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/hrbcomlnp.hrblock.com\/tax-center\/wp-content\/uploads\/2020\/09\/HRB_CSC_Building-1080x675.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1080\" \/>\n\t<meta property=\"og:image:height\" content=\"675\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:site\" content=\"@hrblock\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"10 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/hrbcomlnp.hrblock.com\/tax-center\/newsroom\/company-news\/fiscal-year-2024-fourth-quarter-results\/\",\"url\":\"https:\/\/hrbcomlnp.hrblock.com\/tax-center\/newsroom\/company-news\/fiscal-year-2024-fourth-quarter-results\/\",\"name\":\"H&R Block News Center | Q4 Fiscal 2024 Results\",\"isPartOf\":{\"@id\":\"https:\/\/hrbcomlnp.hrblock.com\/tax-center\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/hrbcomlnp.hrblock.com\/tax-center\/newsroom\/company-news\/fiscal-year-2024-fourth-quarter-results\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/hrbcomlnp.hrblock.com\/tax-center\/newsroom\/company-news\/fiscal-year-2024-fourth-quarter-results\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/hrbcomlnp.hrblock.com\/tax-center\/wp-content\/uploads\/2020\/09\/HRB_CSC_Building.jpg\",\"datePublished\":\"2024-08-15T20:41:05+00:00\",\"dateModified\":\"2024-08-15T20:41:06+00:00\",\"description\":\"H&R Block today released its financial results for the fourth quarter of fiscal year 2024. Read more.\",\"breadcrumb\":{\"@id\":\"https:\/\/hrbcomlnp.hrblock.com\/tax-center\/newsroom\/company-news\/fiscal-year-2024-fourth-quarter-results\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/hrbcomlnp.hrblock.com\/tax-center\/newsroom\/company-news\/fiscal-year-2024-fourth-quarter-results\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/hrbcomlnp.hrblock.com\/tax-center\/newsroom\/company-news\/fiscal-year-2024-fourth-quarter-results\/#primaryimage\",\"url\":\"https:\/\/hrbcomlnp.hrblock.com\/tax-center\/wp-content\/uploads\/2020\/09\/HRB_CSC_Building.jpg\",\"contentUrl\":\"https:\/\/hrbcomlnp.hrblock.com\/tax-center\/wp-content\/uploads\/2020\/09\/HRB_CSC_Building.jpg\",\"width\":1920,\"height\":1080,\"caption\":\"H&R Block corporate headquarters\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/hrbcomlnp.hrblock.com\/tax-center\/newsroom\/company-news\/fiscal-year-2024-fourth-quarter-results\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/hrbcomlnp.hrblock.com\/tax-center\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Newsroom Articles\",\"item\":\"https:\/\/hrbcomlnp.hrblock.com\/tax-center\/newsroom\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"H&#038;R Block Reports FY24 Results; Announces 17% Dividend Increase, &#038; $1.5B Share Repurchase Authorization\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/hrbcomlnp.hrblock.com\/tax-center\/#website\",\"url\":\"https:\/\/hrbcomlnp.hrblock.com\/tax-center\/\",\"name\":\"H&amp;R Block\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/hrbcomlnp.hrblock.com\/tax-center\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"}]}<\/script>","yoast_head_json":{"title":"H&R Block News Center | Q4 Fiscal 2024 Results","description":"H&R Block today released its financial results for the fourth quarter of fiscal year 2024. Read more.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/hrbcomlnp.hrblock.com\/tax-center\/newsroom\/company-news\/fiscal-year-2024-fourth-quarter-results\/","og_locale":"en_US","og_type":"article","og_title":"H&R Block Reports FY24 Results; Announces 17% Dividend Increase, & $1.5B Share Repurchase Authorization","og_description":"H&R Block today released its financial results for the fourth quarter of fiscal year 2024. Read more.","og_url":"https:\/\/hrbcomlnp.hrblock.com\/tax-center\/newsroom\/company-news\/fiscal-year-2024-fourth-quarter-results\/","og_site_name":"H&amp;R Block","article_publisher":"https:\/\/www.facebook.com\/hrblock","article_modified_time":"2024-08-15T20:41:06+00:00","og_image":[{"width":1080,"height":675,"url":"https:\/\/hrbcomlnp.hrblock.com\/tax-center\/wp-content\/uploads\/2020\/09\/HRB_CSC_Building-1080x675.jpg","type":"image\/jpeg"}],"twitter_card":"summary_large_image","twitter_site":"@hrblock","twitter_misc":{"Est. reading time":"10 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/hrbcomlnp.hrblock.com\/tax-center\/newsroom\/company-news\/fiscal-year-2024-fourth-quarter-results\/","url":"https:\/\/hrbcomlnp.hrblock.com\/tax-center\/newsroom\/company-news\/fiscal-year-2024-fourth-quarter-results\/","name":"H&R Block News Center | Q4 Fiscal 2024 Results","isPartOf":{"@id":"https:\/\/hrbcomlnp.hrblock.com\/tax-center\/#website"},"primaryImageOfPage":{"@id":"https:\/\/hrbcomlnp.hrblock.com\/tax-center\/newsroom\/company-news\/fiscal-year-2024-fourth-quarter-results\/#primaryimage"},"image":{"@id":"https:\/\/hrbcomlnp.hrblock.com\/tax-center\/newsroom\/company-news\/fiscal-year-2024-fourth-quarter-results\/#primaryimage"},"thumbnailUrl":"https:\/\/hrbcomlnp.hrblock.com\/tax-center\/wp-content\/uploads\/2020\/09\/HRB_CSC_Building.jpg","datePublished":"2024-08-15T20:41:05+00:00","dateModified":"2024-08-15T20:41:06+00:00","description":"H&R Block today released its financial results for the fourth quarter of fiscal year 2024. Read more.","breadcrumb":{"@id":"https:\/\/hrbcomlnp.hrblock.com\/tax-center\/newsroom\/company-news\/fiscal-year-2024-fourth-quarter-results\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/hrbcomlnp.hrblock.com\/tax-center\/newsroom\/company-news\/fiscal-year-2024-fourth-quarter-results\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/hrbcomlnp.hrblock.com\/tax-center\/newsroom\/company-news\/fiscal-year-2024-fourth-quarter-results\/#primaryimage","url":"https:\/\/hrbcomlnp.hrblock.com\/tax-center\/wp-content\/uploads\/2020\/09\/HRB_CSC_Building.jpg","contentUrl":"https:\/\/hrbcomlnp.hrblock.com\/tax-center\/wp-content\/uploads\/2020\/09\/HRB_CSC_Building.jpg","width":1920,"height":1080,"caption":"H&R Block corporate headquarters"},{"@type":"BreadcrumbList","@id":"https:\/\/hrbcomlnp.hrblock.com\/tax-center\/newsroom\/company-news\/fiscal-year-2024-fourth-quarter-results\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/hrbcomlnp.hrblock.com\/tax-center\/"},{"@type":"ListItem","position":2,"name":"Newsroom Articles","item":"https:\/\/hrbcomlnp.hrblock.com\/tax-center\/newsroom\/"},{"@type":"ListItem","position":3,"name":"H&#038;R Block Reports FY24 Results; Announces 17% Dividend Increase, &#038; $1.5B Share Repurchase Authorization"}]},{"@type":"WebSite","@id":"https:\/\/hrbcomlnp.hrblock.com\/tax-center\/#website","url":"https:\/\/hrbcomlnp.hrblock.com\/tax-center\/","name":"H&amp;R Block","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/hrbcomlnp.hrblock.com\/tax-center\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"}]}},"_links":{"self":[{"href":"https:\/\/hrbcomlnp.hrblock.com\/tax-center\/wp-json\/wp\/v2\/newsroom\/64573","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hrbcomlnp.hrblock.com\/tax-center\/wp-json\/wp\/v2\/newsroom"}],"about":[{"href":"https:\/\/hrbcomlnp.hrblock.com\/tax-center\/wp-json\/wp\/v2\/types\/newsroom"}],"author":[{"embeddable":true,"href":"https:\/\/hrbcomlnp.hrblock.com\/tax-center\/wp-json\/wp\/v2\/users\/406"}],"version-history":[{"count":0,"href":"https:\/\/hrbcomlnp.hrblock.com\/tax-center\/wp-json\/wp\/v2\/newsroom\/64573\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hrbcomlnp.hrblock.com\/tax-center\/wp-json\/wp\/v2\/media\/53526"}],"wp:attachment":[{"href":"https:\/\/hrbcomlnp.hrblock.com\/tax-center\/wp-json\/wp\/v2\/media?parent=64573"}],"wp:term":[{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hrbcomlnp.hrblock.com\/tax-center\/wp-json\/wp\/v2\/tags?post=64573"},{"taxonomy":"news-categories","embeddable":true,"href":"https:\/\/hrbcomlnp.hrblock.com\/tax-center\/wp-json\/wp\/v2\/news-categories?post=64573"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}