H&R Block Q2 Loss Widens

(RTTNews) - H&R Block Inc. (HRB) Monday reported second-quarter net loss of $143 million or $0.54 per share, wider than last year's loss of $113 million or $0.41 per share last year.

The tax services company reported adjusted loss of $0.51 per share, compared to $0.41 per share last year.

Revenues for the quarter were $125.4 million, down from $134.6 million last year.

Analysts polled by Thomson Reuters estimated a loss of $0.48 per share on revenues of $132.13 million for the quarter. Analysts' estimates typically exclude special items.

HRB closed Monday's trading at $36.89, down $0.20 or 0.54%, on the NYSE. The stock further dropped $1.55 or 4.20% in the after-hours trade.