H&R Block: Fiscal Q1 Earnings Snapshot

KANSAS CITY, Mo. (AP) — KANSAS CITY, Mo. (AP) — H&R Block Inc. (HRB) on Thursday reported a loss of $172.6 million in its fiscal first quarter.

The Kansas City, Missouri-based company said it had a loss of $1.24 per share. Losses, adjusted for one-time gains and costs, came to $1.17 per share.

The tax preparer posted revenue of $193.8 million in the period, surpassing Street forecasts. Three analysts surveyed by Zacks expected $188.8 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.

_____

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