KANSAS CITY, Mo. (AP) — KANSAS CITY, Mo. (AP) — H&R Block Inc. (HRB) on Tuesday reported a loss of $243.4 million in its fiscal second quarter.
The Kansas City, Missouri-based company said it had a loss of $1.80 per share. Losses, adjusted for one-time gains and costs, were $1.73 per share.
The results did not meet Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of $1.53 per share.
The tax preparer posted revenue of $179.1 million in the period, also falling short of Street forecasts. Three analysts surveyed by Zacks expected $182.8 million.
H&R Block expects full-year earnings in the range of $5.15 to $5.35 per share, with revenue in the range of $3.69 billion to $3.75 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HRB at https://www.zacks.com/ap/HRB
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