H&R Block FY revenue rises on higher net average charge, ups dividend

H & R Block

11/08/2026 21:16

Overview
U.S. tax preparation firm's fiscal 2026 revenue rose 5%, slightly beating analyst expectations
Adjusted EPS from continuing operations rose 14% to $5.31
Company raised quarterly dividend by 10% and returned $714 mln to shareholders

Outlook
Company expects fiscal 2027 revenue between $4.11 bln and $4.16 bln
Company sees fiscal 2027 adjusted EBITDA of $1.11 bln to $1.14 bln
Company expects fiscal 2027 adjusted diluted EPS of $6.04 to $6.24

Result Drivers
U.S. ASSISTED TAX PREPARATION - Revenue growth was primarily driven by higher net average charge and increased company-owned volume in U.S. assisted tax preparation
INTERNATIONAL AND WAVE GROWTH - Growth in international revenue and increased Wave subscription revenue and payments volume contributed to overall revenue gains

Company press release: ID:nGNX8kVjlP

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
FY Revenue
Slight Beat*
$3.95 bln
$3.92 bln (4 Analysts)
FY Adjusted EPS continuing operations
 
$5.31
 
FY EPS continuing operations
 
$5.69
 
FY Operating Expenses
 
$3 bln
 
*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 3 "hold" and 1 "sell" or "strong sell"
The average consensus recommendation for the personal services peer group is "buy."
Wall Street's median 12-month price target for H & R Block Inc is $47.00, about 2.3% above its August 10 closing price of $45.93
The stock recently traded at 8 times the next 12-month earnings vs. a P/E of 6 three months ago

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)