Jeffrey J. Jones II to Retire After Eight Years; Will Remain Strategic AdvisorCurtis Campbell, President of Global Consumer Tax and Chief Product Officer at H&R Block, Named CEO-ElectAppointment Comes After Rigorous Succession Planning Process KANSAS CITY, Mo., Aug. 11, 2025 (GLOBE NEWSWIRE) -- H&R Block, Inc. (NYSE: HRB) (the "Company”) today announced that Jeffrey J. Jones II has informed the Board of Directors of his intention to retire as President and CEO of H&R Block on December 31, 2025, and will rem ...

KANSAS CITY, Mo., Aug. 07, 2025 (GLOBE NEWSWIRE) -- H&R Block, Inc. (NYSE: HRB), a leading provider of global tax preparation, financial products and small business solutions, today announced Jason Lenhart as Senior Vice President and Chief Technology Officer, and Monika Mehrotra as Senior Vice President, Operations & Technology. The leaders will help accelerate the company’s transformation, elevating its financial services and building on its 70-year legacy of empowering financial freedom for clients throu ...

Company Overview - H&R Block, Inc. (NYSE: HRB) provides global tax preparation services, financial products, and small-business solutions, blending digital innovation with human expertise [4] Upcoming Financial Results - H&R Block will report its fourth quarter and fiscal 2025 full year results on August 12, 2025, after the market close [1] - A conference call for analysts, institutional investors, and shareholders will take place on the same day at 4:30 p.m. Eastern time to discuss fiscal 2025 results and fiscal 2026 outlook [2] Conference Call Details - Participants must register to join the live conference call, receiving a dial-in number and unique PIN upon registration [2] - The call will also be webcast in a listen-only format for media and the public, with a replay available for 90 days after the event [3]

Key Takeaways HRB has returned 6.2% YTD, outperforming its industry's 4.8% decline, with a Zacks Rank #2 and VGM Score of A. Fiscal 2025 EPS is projected to grow 18.4% to $5.20, with long-term earnings growth pegged at 12.5%. Programs like "Make It Legit" and Fund Her Future support gig workers and women entrepreneurs with tax tools.H&R Block, Inc. (HRB) is a tax return preparation service provider that has performed decently year to date and has the potential to sustain momentum in the near term.What Mak ...

Market Overview - The market is currently at an all-time high, with speculative stocks that lack profits experiencing significant increases in value [1] - Conversely, more stable companies are not receiving the same level of investor interest [1] Investment Strategy - A long/short partnership approach is suggested, emphasizing the importance of fundamental analysis and skepticism towards pro-forma figures declared by companies [2] Analyst Position - The analyst holds a beneficial long position in the shares of HRB, indicating a personal investment interest in the company [3]

Core Viewpoint - H&R Block has been upgraded to a Zacks Rank 2 (Buy), indicating a positive outlook on its earnings estimates, which is a significant factor influencing stock prices [1][3]. Earnings Estimates and Stock Performance - The Zacks rating system reflects changes in earnings estimates, which are strongly correlated with near-term stock price movements [4][6]. - For the fiscal year ending June 2025, H&R Block is expected to earn $5.22 per share, with a 0.3% increase in the Zacks Consensus Estimate over the past three months [8]. Institutional Investor Influence - Institutional investors utilize earnings estimates to determine the fair value of stocks, leading to buying or selling actions that impact stock prices [4]. Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with a strong historical performance, particularly for Zacks Rank 1 stocks, which have generated an average annual return of +25% since 1988 [7]. - H&R Block's upgrade to Zacks Rank 2 places it in the top 20% of Zacks-covered stocks, suggesting potential for market-beating returns in the near term [10].

Company Overview - H&R Block shares have decreased by approximately 1.1% since the last earnings report, underperforming the S&P 500 [1] - The most recent earnings report indicates a downward trend in estimates, with a consensus estimate shift of -5.07% [2] Performance Metrics - H&R Block has a strong Growth Score of A, but a low Momentum Score of F, while maintaining a value grade of A, placing it in the top quintile for value investment strategy [3] - The aggregate VGM Score for H&R Block is A, which is significant for investors not focused on a single strategy [3] Outlook - The overall estimates for H&R Block have been trending downward, with a Zacks Rank of 3 (Hold), suggesting an expectation of in-line returns in the coming months [4] Industry Comparison - H&R Block is part of the Zacks Consumer Services - Miscellaneous industry, where Cimpress (CMPR) has gained 6.5% over the past month [5] - Cimpress reported revenues of $789.47 million for the last quarter, reflecting a year-over-year increase of +1.1%, with an EPS of -$0.33 compared to -$0.15 a year ago [5] - For the current quarter, Cimpress is expected to post earnings of $0.97 per share, indicating a significant change of -77.6% from the previous year, with a Zacks Consensus Estimate change of -18.9% over the last 30 days [6]

Company Performance - H&R Block, Inc. (HRB) stock has gained 17.5% over the past year, outperforming the industry's 32% decline and the Zacks S&P 500 composite's 13.2% growth [1] - In the third quarter of fiscal 2025, H&R Block reported adjusted earnings of $5.38 per share, beating the Zacks Consensus Estimate by 5.1% and increasing 8.9% year-over-year [2] - Total revenues for the same quarter were $2.28 billion, slightly exceeding the Zacks Consensus Estimate by 1.4% and reflecting a 4.2% year-over-year increase [2] Revenue Growth Drivers - The growth in assisted tax preparation revenue is attributed to a surge in net average charges and higher company-owned tax return volumes [3] - The contribution of the assisted tax preparation segment to total revenue has increased from approximately 60% in fiscal year 2022 to 63% in fiscal year 2024, with revenue rates rising by 3.5% and 5% in fiscal 2023 and 2024, respectively [3] Mobile Banking Platform - H&R Block's mobile banking platform, Spruce, has nearly 476,000 sign-ups and is approaching $1 billion in customer deposits as of June 2024 [4] - Close to 50% of fiscal 2024 deposits came from non-tax sources, indicating strong trends in the first quarter of fiscal 2025 [4] Technological Innovations - The incorporation of AI Tax Assist, a generative AI-powered technology, has boosted DIY tax preparation revenues, contributing nearly $350 million, or about 10% of total revenue, with an 11% increase from the previous year [5] - Collaboration with OpenAI is expected to enhance AI Tax Assist, attracting more customers and further boosting revenue [5] Competitive Landscape - The company operates in a highly competitive industry, necessitating continuous innovation and differentiation while managing costs effectively [6] - The need for investment in technology and talent to maintain a competitive edge complicates the balance between growth and profitability [6] Liquidity Position - H&R Block's current ratio at the end of the third quarter of fiscal 2025 was 0.78, lower than the industry's 0.92, indicating a decline of 30.8% from the previous year due to increased current debt [7] - A current ratio below 1 signals inefficiency in meeting short-term obligations [7]

H&R Block (HRB) Q3 2025 Earnings Call May 07, 2025 04:30 PM ET Company Participants Jordyn Eskijian - Program Manager, Investor Relations & ESGJeffrey Jones - President & CEOTiffany Mason - Chief Financial OfficerKartik Mehta - Executive MD & Director of ResearchScott Schneeberger - Managing DirectorAlex Paris - President Conference Call Participants George Tong - Sr. Research Analyst - Equity Research Operator Thank you for standing by and welcome to H and R Block's Third Quarter Fiscal Year twenty twenty ...

H&R Block (HRB) Q3 2025 Earnings Call May 07, 2025 04:30 PM ET Speaker0 Thank you for standing by and welcome to H and R Block's Third Quarter Fiscal Year twenty twenty five Earnings Conference Call. At this time, all participants are in a listen only mode. After the speaker presentation, there will be a question and answer session. To a question during the session, you will need to press 11 on your telephone. To remove yourself from the queue, you may press 11 again. I would now like to hand the call over ...