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TheStreet Open House

H&R Block Management Discusses Q1 2013 Results - Earnings Call Transcript

Stocks in this article: HRB

H&R Block (HRB)

Q1 2013 Earnings Call

September 05, 2012 4:30 pm ET

Executives

Derek Drysdale - Director of Investor Relations

William C. Cobb - Chief Executive Officer, President, Director and Member of Finance Committee

Gregory J. Macfarlane - Chief Financial Officer

Analysts

Thomas Allen - Morgan Stanley, Research Division

Scott A. Schneeberger - Oppenheimer & Co. Inc., Research Division

Michael Turner - Compass Point Research & Trading, LLC, Research Division

Michael Millman - Millman Research Associates

Amanda Rae Lynam - Goldman Sachs Group Inc., Research Division

Presentation

Operator

Good afternoon. My name is Kenisha, and I will be your conference operator today. At this time, I would like to welcome everyone to the H&R Block First Quarter Earnings Conference Call. [Operator Instructions] Thank you. Mr. Derek Drysdale, Vice President of Investor Relations, sir, you may begin.

Derek Drysdale

Thank you, Kenisha. Good afternoon, everyone, and thank you for joining us to discuss our fiscal first quarter results. On the call with me today are Bill Cobb, our President and CEO; and Greg Macfarlane, our CFO.

In conjunction with this call, we have posted today's press release and slide presentation on the Investor Relations website at hrblock.com.

Some of the figures that we'll discuss today are presented on a non-GAAP basis. We've reconciled the comparable GAAP and non-GAAP figures in the schedule attached to our press release and in the appendix of today's slide presentation. Unless otherwise stated, please note that all growth rates discussed today refer to the first quarter of fiscal 2013 compared to the first quarter of fiscal 2012.

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