According to Oppenheimer, H&R Block (NYSE: HRB) Outperform rating is maintained.
Oppenheimer said that HRB delivered F2Q12 adj'd EPS of -$0.38 vs. its est/consensus/F2Q11 of -$0.36/-$0.35/-$0.35. “We reiterate our Outperform/$19 target (11x CY12E EPS).”
H&R Block closed yesterday at $16.06.
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