{"id":848551,"date":"2025-05-07T17:05:41","date_gmt":"2025-05-07T21:05:41","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/hr-block-reports-fiscal-2025-third-quarter-results\/"},"modified":"2025-05-07T17:05:41","modified_gmt":"2025-05-07T21:05:41","slug":"hr-block-reports-fiscal-2025-third-quarter-results","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/hr-block-reports-fiscal-2025-third-quarter-results\/","title":{"rendered":"H&R Block Reports Fiscal 2025 Third Quarter Results"},"content":{"rendered":"
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\n \u2014 Delivered Revenue Growth of 4%, Net Income Growth of 5%, and EPS Growth of 9%<\/strong>
\n \u2014<\/strong>\n <\/p>\n

\n \u2014 Improved Volume and Market Share Trends in Assisted Channel Through April 30 \u2014<\/strong>\n <\/p>\n

\n \u2014 Reaffirms Full Year 2025 Outlook \u2014<\/strong>\n <\/p>\n

KANSAS CITY, Mo., May 07, 2025 (GLOBE NEWSWIRE) — H&R Block, Inc. (NYSE: HRB) (the “Company”) today released financial results1<\/sup> for its fiscal 2025 third quarter ended March\u00a031, 2025.<\/p>\n

“Today we are reaffirming our FY25 outlook,” said Jeff Jones, president and chief executive officer. “Our transformation continues to gather momentum and deliver results. We meaningfully enhanced the new client experience this season, driving higher client satisfaction scores and improving volume and market share trends in the Assisted channel.”<\/p>\n

\n Fiscal 2025 Third<\/strong>
\n Quarter Results and Key Financial Metrics<\/strong>\n <\/p>\n

“In the Assisted channel, we struck a healthy balance of price, volume, and mix in the quarter which is a testament to our redesigned client experience and our unwavering commitment to delivering value for our clients,” said Tiffany Mason, chief financial officer. “I remain confident in our ability to continue driving significant value as we have a resilient business with strong financial fundamentals, consistent cash flow generation, and a shareholder-friendly capital return practice.”<\/p>\n

Total revenue of $2.3 billion increased by $92.3 million, or 4.2%, versus prior year. The increase was the result of an increase in overall net average charge (NAC), and higher company-owned return volumes in the U.S, partially offset by lower international revenue, and lower interest and fee income on Emerald Advance.<\/p>\n

Total operating expenses of $1.3 billion increased by $42.2 million or 3.4%, primarily due to higher tax professional wages and benefits as a result of the increase in company-owned return volume.<\/p>\n

Net income from continuing operations increased $31.3 million, or 4.5% to $722.9 million.<\/p>\n

Earnings per share from continuing operations2<\/sup> increased 9.2% to $5.32, and adjusted earnings per share from continuing operations2<\/sup> increased 8.9% to $5.38, due to higher net income and fewer shares outstanding from share repurchases.<\/p>\n

\n Capital Allocation<\/strong>\n <\/p>\n

The Company reported the following related to its capital structure:<\/p>\n