Market Overview

UPDATE: H&R Block Posts Narrower FQ2 Loss

Related HRB
Mid-Afternoon Market Update: BioTelemetry Gains Following Strong Q1 Results; Twitter Shares Drop
Stocks Hitting 52-Week Lows
Apple Is Not Buying Time Warner - Cramer's Lightning Round (5/26/16) (Seeking Alpha)

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.

Posted-In: lossEarnings News


Related Articles (HRB)

View Comments and Join the Discussion!