H&R Block, Inc. (HRB) stock has performed well in the past year. It has gained 17.5% against the industry’s 32% decline and outperforming Zacks S&P 500 composite’s 13.2% growth.HRB reported impressive results in the third quarter of fiscal 2025. H&R Block registered adjusted earnings (adjusting 7 cents from non-recurring items) of $5.38 per share, which beat the Zacks Consensus Estimate by 5.1% and gained 8.9% from the year-ago reported figure. Total revenues of $2.28 billion marginally beat the Zacks Conse ...

Spruce Power Holding (SPRU) Q1 2025 Earnings Call May 14, 2025 04:30 PM ET Company Participants Scott Kozak - Head of Investor RelationsChris Hayes - Chairman, President & CEOSarah Wells - CFO & Head of Sustainability Conference Call Participants Peter Gastreich - Managing Director - Energy and Sustainability Analyst Operator Hello and thank you for standing by. My name is Lacey and I will be your conference operator today. At this time, I would like to welcome everyone to Spruce Power First Quarter twenty ...

Financial Data and Key Metrics Changes - Revenue for the first quarter of 2025 was $23.8 million, up from $20.2 million in the fourth quarter and $18.3 million in the prior year period, reflecting a 30% year-over-year growth [26][27] - Operating EBITDA increased to $12.3 million for the first quarter, compared to $10.7 million in the prior year period, primarily due to the NJR acquisition [28][29] - The company reported a GAAP net loss attributable to stockholders of $15.3 million [28] Business Line Data and Key Metrics Changes - The acquisition of rooftop assets from NJR positively impacted revenue and operating EBITDA, with the company owning and operating approximately 85,000 home solar assets and servicing around 60,000 residential solar systems [5][6] - Portfolio O&M expenses were $3.9 million in the first quarter, down from $5.3 million in the fourth quarter, indicating a sequential decline of over 25% [27] - SG&A expenses were $14.1 million in the first quarter, down from $15.5 million in the fourth quarter but up from $13.5 million in the prior year period [27] Market Data and Key Metrics Changes - The company is experiencing a cautious approach to new growth opportunities due to uncertainty in the market, which has affected cash burn and revenue collection timing [7][29] - The New Jersey market has deep liquidity in the SREC market, which is expected to continue supporting revenue generation [39] Company Strategy and Development Direction - The company aims to achieve positive free cash flow through growth in solar installations, prudent cost containment, and disciplined acquisition strategies [6][11] - Spruce Pro is identified as a key revenue driver, leveraging existing infrastructure to provide services to third-party owners of solar assets [15][16] - The company is focused on operational enhancements through strategic sourcing and better vendor management to improve efficiency and margin expansion [11][18] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to navigate current market challenges, emphasizing the predictability of cash flows from existing solar assets [20][23] - The company is optimistic about achieving profitability and positive cash flow through reduced spending and operational efficiencies [31] - Management highlighted the unique position of Spruce Power as a third-party operator, which mitigates risks associated with aggressive customer acquisition strategies [23][44] Other Important Information - The company has approximately $96.5 million in total cash, with $61.9 million being unrestricted cash at the end of the first quarter [29] - The Board of Directors has approved the renewal of the company's share repurchase program [22] Q&A Session Summary Question: What is the scale of revenue opportunity for Spruce Pro and the lead times to build that business? - Management indicated that Spruce Pro is a capital-light endeavor with a deep pipeline of prospects and expects to make further announcements in the next quarter [35][36] Question: What does the refinancing environment look like for the FC1 loan? - Management expressed confidence in obtaining like-for-like terms for refinancing and is exploring more favorable credit options [38] Question: Why are SRECs for the SP Five acquisition so high compared to other assets? - Management explained that New Jersey has deep liquidity and high prices in the SREC market, which is expected to continue [39] Question: What drove the decision for the CFO transition? - Management noted that the CFO's decision to move to a private company aligns with her personal objectives, and they are actively searching for a replacement [40][41] Question: How durable is the business model compared to industry peers under the new administration? - Management highlighted that being a third-party operator allows them to mitigate risks associated with new installations and tax credits, maintaining a strong liquidity profile [43][44]

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 ...

— Delivered Revenue Growth of 4%, Net Income Growth of 5%, and EPS Growth of 9% — KANSAS CITY, Mo., May 07, 2025 (GLOBE NEWSWIRE) -- H&R Block, Inc. (NYSE: HRB) (the "Company") today released financial results for its fiscal 2025 third quarter ended March 31, 2025. — Improved Volume and Market Share Trends in Assisted Channel Through April 30 — "Today we are reaffirming our FY25 outlook," said Jeff Jones, president and chief executive officer. "Our transformation continues to gather momentum and deliver res ...

Wall Street analysts forecast that H&R Block (HRB) will report quarterly earnings of $5.12 per share in its upcoming release, pointing to a year-over-year increase of 3.6%. It is anticipated that revenues will amount to $2.25 billion, exhibiting an increase of 2.8% compared to the year-ago quarter.Over the past 30 days, the consensus EPS estimate for the quarter has remained unchanged. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.Prior to a ...

KANSAS CITY, Mo., April 28, 2025 (GLOBE NEWSWIRE) -- Block Advisors by H&R Block today announced the return of its Fund Her Future grant program. Starting today, applications are being accepted through May 30, 2025. In its second year, the 2025 program is recognizing six women-owned small businesses with high growth and community impact potential. Grant recipients will receive a combined award of $100,000 in funding plus a year of small business services from Block Advisors valued at nearly $30,000. Despite ...

KANSAS CITY, Mo., April 23, 2025 (GLOBE NEWSWIRE) -- H&R Block, Inc. (NYSE:HRB) will report fiscal 2025 third quarter results on Wednesday, May 7, 2025, after the New York Stock Exchange market close. At that time, a copy of the press release and presentation will be available on the company's investor relations website at https://investors.hrblock.com/. A conference call for analysts, institutional investors, and shareholders will be held at 4:30 p.m. Eastern time on Wednesday, May 7, 2025. During the conf ...

KANSAS CITY, Mo., April 23, 2025 (GLOBE NEWSWIRE) -- H&R Block, Inc. (NYSE: HRB) will report fiscal 2025 third quarter results on Wednesday, May 7, 2025, after the New York Stock Exchange market close. At that time, a copy of the press release and presentation will be available on the company's investor relations website at https://investors.hrblock.com/. A conference call for analysts, institutional investors, and shareholders will be held at 4:30 p.m. Eastern time on Wednesday, May 7, 2025. During the con ...