H&R Block posts 10.2% revenue growth in Q1 FY27, reaffirms full‑year outlook
H&R Block reported first‑quarter fiscal 2027 revenue of $224.3 million, a reported year‑over‑year increase of 10.2%, while posting a net loss of $188.5 million and adjusted earnings per share of –$1.40. The company reaffirmed its FY2027 revenue guidance of $4.11 billion‑$4.16 billion and adjusted EPS guidance of $6.04‑$6.24. Management highlighted AI‑driven initiatives, a 10% increase to the quarterly dividend and a $100 million share‑repurchase of 2.2 million shares.
Why it matters
The reaffirmed FY2027 guidance signals that the company expects continued revenue growth despite a seasonal loss, which may support the current dividend and buyback program (the company increased the dividend 10% and repurchased $100 million of stock). Investors will weigh the higher expenses and wider loss against the revenue momentum and capital‑return actions.
Key facts
- 1Revenue for Q1 FY27 was $224.3 million, up 10.2% year‑over‑year (reported basis). investing.com
- 2Adjusted earnings per share were –$1.40, a loss wider than the prior‑year adjusted loss of –$1.20. investing.com
- 3Net loss attributable to common shareholders was $188.5 million, or –$1.53 per share (GAAP basis). quiverquant.com
- 4Full‑year FY2027 revenue guidance was $4.11 billion‑$4.16 billion (company guidance). investing.com
- 5Full‑year FY2027 adjusted EPS guidance was $6.04‑$6.24 (company guidance). investing.com
- 6Quarterly dividend was increased 10% and the company repurchased 2.2 million shares for $100 million. investing.com
Summary written by AlphAI AI Desk from 12 of 12 sources. Not investment advice. Figures are as stated by the linked sources.