H&R Block Shares Fell 1.2% After Same-Office Tax Returns Slipped 6.8% (HRB)
3/9/2010- H&R Block (NYSE: HRB) shares fell 1.2% to $16.39 after the company said that same-office tax returns prepared in retail operations slid 6.8% for the fiscal 2010 tax season.
The company reported a better-than-expected Q3 profit yesterday. However, H&R Block said it expects to miss its 2010 earnings forecast.
Write to Chip Brian at cbrian@tradethetrend.com
---------------------------------------------------------------------------------------------
SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.TradeTheTrend.com
Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.TradeTheTrend.com/signup
