H&R布洛克(HRB)
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Is H&R Block (HRB) a Solid Growth Stock? 3 Reasons to Think "Yes"
ZACKS· 2024-11-12 02:46
Investors seek growth stocks to capitalize on above-average growth in financials that help these securities grab the market's attention and produce exceptional returns. But finding a growth stock that can live up to its true potential can be a tough task.That's because, these stocks usually carry above-average risk and volatility. In fact, betting on a stock for which the growth story is actually over or nearing its end could lead to significant loss.However, the Zacks Growth Style Score (part of the Zacks ...
H&R Block(HRB) - 2025 Q1 - Earnings Call Transcript
2024-11-08 10:37
财务数据和关键指标变化 - 第一季度营收1.94亿美元,较上年增加1000万美元,增幅5%,主要由于公司自有业务量增加、辅助类净平均收费提高以及国际税务准备业务营收增加[25] - 总运营费用4.22亿美元,较上年增加3200万美元,增幅8%,若不考虑法律成本增加,运营费用增长将与营收增长保持一致[25] - 利息费用本季度为1600万美元,与去年持平[26] - 本年前三季度税前亏损2.32亿美元,去年为2.12亿美元有效税率为26.2%,去年为23.3%[26] - 第一季度EBITDA亏损1.88亿美元,去年为1.66亿美元,持续经营每股亏损1.23美元,去年为1.11美元,调整后持续经营每股亏损1.17美元,去年为1.05美元[27] 各条业务线数据和关键指标变化 - 辅助类小商业税务本季度实现双位数营收增长,记账和工资单服务呈积极趋势[11] - Wave业务第一季度营收增长10%,新老用户对新推出的高利润产品采用率超预期[12] - 金融产品方面,移动银行平台Spruce客户存款超10亿美元,近50%存款来自非税务来源且第一季度该趋势持续[13] 各个市场数据和关键指标变化 - 文档未提及,无相关内容 公司战略和发展方向和行业竞争 - 公司战略聚焦于运营和技术提升以改善客户体验,包括线上线下服务[10] - 在小商业领域,以低价会计服务吸引客户,看好其发展前景[11] - Wave业务致力于加速营收增长和实现盈利[12] - Spruce聚焦于高效获取客户并提高用户全年参与度[13] - 在Block Experience方面,融合数字工具与人工专业知识,通过多种方式服务客户[14] - 利用AI提升客户和税务专业人员体验并节省成本,如AI Tax Assist工具提升新付费客户转化率[15][16] - Tax Pro Review产品近十年保持两位数增长,兼具客户自主报税和专业审查优势[17] - 改善核心DIY用户体验,简化新用户流程[18] - 公司在市场上的创新得到认可,获多个产品奖项[19] - 在辅助渠道,公司市场份额约为后两大品牌竞争对手总和的4倍,强化本地价值主张并优化匹配算法[20] - 通过MyBlock提升用户体验,推出新功能改善用户流程[21][22] - 在竞争方面,未受到Intuit进入辅助类业务的重大影响,注重自身优势提升和价值主张营销[33] 管理层对经营环境和未来前景的评论 - 公司对2025财年前景保持乐观并再次确认财年展望,预计全年有效税率约为13%,为每股收益提供一次性约0.50美元的收益,之后将恢复到20%出头[28] - 对于即将到来的税务季,预计行业表现正常,约1%的增长,未看到重大税法变化,就业形势保持强劲[32] - 在辅助业务方面,进行了多项体验改进以提升业绩,包括欢迎新客户、透明定价、税务专业人员服务等方面[50] - 对于AI Tax Assist免费提供给付费产品,去年未发现客户从辅助类转向DIY类的风险行为,反而新客户转化率更高[53] - 对于Direct File项目从试点到扩大规模,未看到对公司业务有重大影响,预计今年也不会有重大影响[60] 其他重要信息 - 本季度回购约2.1亿美元股票,共330万股,平均每股63.51美元,减少2.4%的流通股[29] - 8月宣布股息增长17%,自2016年以来股息增长88%[29] - 公司受飓风影响,向多个组织捐款并加强员工救助基金[30] 问答环节所有的提问和回答 问题: 从竞争角度看即将到来的税务季有何想法,是否预期有不同竞争策略 - 预计行业表现正常,未看到重大税法变化,就业形势保持强劲,未受到Intuit进入辅助类业务的重大影响,注重自身优势提升和价值主张营销[32][33] 问题: 进入本税务季,是否会改变DIY产品的低价策略 - 公司策略以产品为出发点,AI Tax Assist性能提升,将与专业人员一起构成竞争优势,会积极营销价值主张,关注定价动态[35][36] 问题: 本季度运营费用同比上升,主要在薪酬福利、技术支出和营销方面,请详细说明以及未来展望 - 运营费用上升主要因为业务量增加导致现场劳动力成本上升、公司工资略增、营销费用因在线营销投入增加,还有法律费用和和解费用增加,若不考虑法律成本,运营费用增长将与营收增长保持一致,且已包含在展望中[39][40][41] 问题: 公司有很多技术进步,是否会看到技术支出增加,以及早期营销方法的逻辑和策略 - 多年来一直在进行现代化改造,目前的技术投入已包含在展望中,对投资和成本管理有信心,公司营销从Emerald Advance季开始,1月将加大营销力度宣传价值主张[43][44][46] 问题: 与银行合作伙伴延长合作关系中,整体参与份额略有下降,长期是否会有重大变化 - 与合作伙伴关系良好,已延长2年合同,对经济状况有信心,无需担心[48] 问题: 本财年有效税率相关情况,包括一次性收益将在哪一季度实现 - 全年有效税率预计为13%,包含一次性约0.50美元的收益,具体季度无法预测,取决于与IRS的处理进程,2025财年之后预计将恢复到20%出头[57] 问题: 能否详细说明法律费用,与去年相比规模如何 - 10 - Q中将有更多披露,涉及FTC事项及拟议和解,和解金额尚未公开,但已完全反映在亏损应急应计项目中,不影响全年指导[58] 问题: 对于Direct File项目从试点到扩大规模有何更新想法 - 未看到对公司业务有重大影响,预计今年也不会有重大影响,将密切关注未来发展[60]
Compared to Estimates, H&R Block (HRB) Q1 Earnings: A Look at Key Metrics
ZACKS· 2024-11-08 08:30
H&R Block (HRB) reported $193.81 million in revenue for the quarter ended September 2024, representing a year-over-year increase of 5.5%. EPS of -$1.17 for the same period compares to -$1.05 a year ago.The reported revenue represents a surprise of +2.66% over the Zacks Consensus Estimate of $188.78 million. With the consensus EPS estimate being -$1.21, the EPS surprise was +3.31%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall ...
H&R Block (HRB) Reports Q1 Loss, Tops Revenue Estimates
ZACKS· 2024-11-08 07:51
H&R Block (HRB) came out with a quarterly loss of $1.17 per share versus the Zacks Consensus Estimate of a loss of $1.21. This compares to loss of $1.05 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 3.31%. A quarter ago, it was expected that this tax preparer would post earnings of $1.71 per share when it actually produced earnings of $1.89, delivering a surprise of 10.53%.Over the last four quarters, the company has surpass ...
H&R Block(HRB) - 2025 Q1 - Quarterly Report
2024-11-08 05:47
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 1-06089 H&R Block, Inc. (Exact name of registrant as specified in its charter) Missouri 44-0607856 (State or o ...
H&R Block(HRB) - 2025 Q1 - Quarterly Results
2024-11-08 05:07
营收情况 - 2025财年第一季度总营收为1.938亿美元同比增长5%[2] - 2025财年营收预计在36.9亿到37.5亿美元之间[7] 运营费用与每股亏损 - 总运营费用为4.221亿美元增加了3200万美元[3] - 持续运营的每股亏损从1.11美元增加到1.23美元调整后从1.05美元增加到1.17美元[4] 股票回购 - 本季度回购并注销330万股总价2.096亿美元每股63.51美元[5] - 15亿美元的股票回购计划还剩约13亿美元且无到期日自2016年已向股东回报超41亿美元[7] - 本季度回购约2.1亿美元股票[2] 财务指标预期 - 2025财年EBITDA预计在9.75亿到10.2亿美元之间[7] - 2025财年有效税率约为13%使每股收益一次性受益约50美分[7] - 2025财年调整后稀释每股收益预计在5.15到5.35美元之间[7] 现金情况 - 2024年9月30日现金及现金等价物为415860000美元2024年6月30日为1053326000美元[16] 净亏损情况 - 2024年第三季度净亏损172576000美元2023年为163482000美元[17] - 2024年第三季度持续经营业务净亏损171421000美元[18] 现金流量情况 - 2024年第三季度经营活动净现金使用328581000美元[17] - 2024年第三季度投资活动净现金使用26394000美元[17] - 2024年第三季度融资活动净现金使用284450000美元[17] EBITDA情况 - 2024年第三季度持续经营业务EBITDA为 - 187583000美元[18] 调整后净亏损与每股亏损 - 2024年第三季度持续经营业务调整后净亏损162938000美元[19] - 2024年第三季度持续经营业务稀释后每股亏损1.23美元[19] - 2024年第三季度持续经营业务调整后稀释后每股亏损1.17美元[19]
Pick These 4 Stocks With Excellent Interest Coverage Ratio
ZACKS· 2024-10-28 23:15
We often judge a company based on its sales and earnings. These metrics, however, may not be sufficient on their own. A stock might get a boost if these figures rise year over year or surpass estimates in a particular quarter, offering a lucrative opportunity for short-term investors to cash in. However, relying solely on sales and earnings numbers may not yield the desired long-term returns. For those seeking sustainable investment growth, a deeper dive into the company's financial health and stability is ...
Best Income Stocks to Buy for October 25th
ZACKS· 2024-10-25 16:31
Here are three stocks with buy rank and strong income characteristics for investors to consider today, October 25:Virtu Financial, Inc. (VIRT) : This financial services company has witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.7% the last 60 days.This Zacks Rank #1 company has a dividend yield of 3%, compared with the industry average of 0.0%Kinross Gold Corporation (KGC) : This gold exploration and development company has witnessed the Zacks Consensus Estimate for its cu ...
Best Value Stocks to Buy for October 25th
ZACKS· 2024-10-25 16:16
Here are three stocks with buy rank and strong value characteristics for investors to consider today, October 25:Kinross Gold Corporation (KGC) : This gold exploration and development company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 8.6% over the last 60 days.Kinross Gold Corporation has a price-to-earnings ratio (P/E) of 17.12 compared with 23.47 for the S&P. The company possesses a Value Score of A.Virtu Financial, Inc. (VIRT) : This ...
Are Consumer Discretionary Stocks Lagging H&R Block (HRB) This Year?
ZACKS· 2024-10-24 22:46
For those looking to find strong Consumer Discretionary stocks, it is prudent to search for companies in the group that are outperforming their peers. Has H&R Block (HRB) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.H&R Block is a member of our Consumer Discretionary group, which includes 272 different companies and currently sits at #10 in the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sector groups b ...