UPDATE: H&R Block Posts Narrower FQ2 Loss
H&R Block (NYSE: HRB) posted a narrower fiscal second-quarter loss.
H&R Block posted a quarterly loss of $105.2 million, or $0.39 per share, versus a year-ago loss of $141.7 million, or $0.47 per share. The company's loss from continuing operations came in at $0.37 per share. However, analysts were expecting a loss of $0.41 per share.
Its revenue climbed 6% to $137.3 million from $129.2 million, versus analysts' estimates of $129.6 million.
H&R Block shares closed at $18.26 yesterday.
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