H&R Block (NYSE:HRB) saw its stock soar 5.45% in after-hours trading on Wednesday following the release of its impressive third-quarter financial results. The tax preparation company reported earnings that surpassed analyst expectations, demonstrating robust performance in a critical period of the tax season.

For the third quarter, H&R Block posted adjusted earnings per share of $5.38, significantly beating the analyst consensus estimate of $5.17 by 4.06%. This represents a strong 8.91% increase from the $4.94 per share reported in the same period last year. Revenue also exceeded expectations, coming in at $2.28 billion, surpassing the projected $2.25 billion by 1.29% and marking a 4.21% year-over-year growth.

Adding to investor optimism, H&R Block reaffirmed its full-year 2025 outlook, projecting revenue between $3.69 billion and $3.75 billion, and EBITDA ranging from $975 million to $1.02 billion. The company also provided guidance for full-year adjusted earnings per share between $5.15 and $5.35. This positive outlook, combined with the strong quarterly performance, appears to have boosted investor confidence, contributing to the significant after-hours stock price increase.