04:36 PM EDT, 08/15/2024 (MT Newswires) -- H&R Block ( HRB ) late Thursday reported fiscal Q4 adjusted net income of $1.89 per diluted share, compared with $2.05 a year earlier.

Analysts polled by Capital IQ expected $1.74.

Revenue for the quarter ended June 30 was $1.06 billion, compared with $1.03 billion a year earlier.

Analysts expected $1.03 billion.

For its fiscal 2025, the tax preparation company is projecting adjusted EPS of $5.15 to $5.35 on revenue of $3.69 billion to $3.75 billion.

Analysts polled by Capital IQ are looking for $4.68 and $3.67 billion, respectively.

H&R Block ( HRB ) also declared a 17% increase in its quarterly dividend to $0.375 per share, payable Oct. 3 to shareholders of record on Sept. 5. The company also authorized a new $1.5 billion stock buyback program to replace its existing share repurchase plan.

H&R Block ( HRB ) shares were more than 8% higher in extended trading.

Price: 62.46, Change: +4.97, Percent Change: +8.64