Block Q1 2027 Earnings Call Transcript - H&R Block (NYSE:HRB)

H&R Block (NYSE: HRB) reported first-quarter results on Monday, with Q1 revenue up 10.2% to $224.3 million. The company attributed the increase to international services, tax protection services, small business growth, and U.S. tax preparation. During the earnings call transcript, management said it’s prioritizing initiatives including Second Look, a program that uses AI to improve client retention, and expanding its consultative client tax experience to 650 offices. H&R Block reaffirmed its fiscal 2027 revenue outlook of $4.11–$4.16 billion and said it will continue investing in growth areas. Operating expenses rose 11.1% due to higher compensation, corporate costs, and the acquisition of franchise offices.