Core Insights - H&R Block reported a revenue growth of 4% for the third quarter of fiscal 2025, with total revenue reaching $2.3 billion, an increase of $92.3 million compared to the previous year [3][4] - Net income from continuing operations rose by 4.5% to $722.9 million, while earnings per share (EPS) increased by 9.2% to $5.32 [4][5] - The company reaffirmed its full-year fiscal 2025 outlook, expecting revenue between $3.69 billion and $3.75 billion and adjusted diluted EPS in the range of $5.15 to $5.35 [9][7] Financial Performance - Total operating expenses increased by 3.4% to $1.3 billion, primarily due to higher wages and benefits for tax professionals [4][20] - The company achieved a net income growth of $31.3 million, reflecting strong financial fundamentals and consistent cash flow generation [4][3] - Adjusted earnings per share from continuing operations increased by 8.9% to $5.38, driven by higher net income and a reduction in shares outstanding due to share repurchases [5][27] Capital Allocation - Since 2016, H&R Block has returned over $4.5 billion to shareholders through dividends and share repurchases, buying back more than 43% of its outstanding shares [6][8] - A quarterly cash dividend of $0.375 per share is scheduled for payment on July 3, 2025, to shareholders of record as of June 4, 2025 [8][19] Market Trends - The company noted improved volume and market share trends in the Assisted channel, attributed to enhancements in the client experience [3][4] - The increase in revenue was partly due to higher company-owned return volumes in the U.S., despite lower international revenue and interest income [3][4]