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.
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