UPDATE: H&R Block Posts Narrower FQ2 Loss

H&R Block

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.