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H&R Block reports quarterly loss but reassures investors with dividend and share buyback.
H&R Block reported a quarterly loss of $1.73 per share, missing expectations by $0.14.
Despite the loss, the stock was rated "outperform" with a $70 target price, and the company declared a quarterly dividend of $0.375 per share.
H&R Block also repurchased 3.2 million shares for $190 million and reaffirmed its fiscal year 2025 outlook, expecting revenue between $3.69 and $3.75 billion and adjusted earnings of $5.15 to $5.35 per share.
2 months ago
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