Jackson Hewitt (JTX) Reports Preliminary '09 Tax Filing Results; Sees FY09 Adj-EPS at Low End of Guidance

May 28, 2009 5:09 PM EDT

Jackson Hewitt Tax Service Inc. (NYSE: JTX) offices prepared 2.96 million tax returns in 2009, a decline of 12.9% compared to the prior fiscal year, excluding the impact of incremental Economic Stimulus Program tax returns from the 2008 fiscal year. This year-over-year decline in returns prepared is consistent with the previously communicated guidance of a decline in the range of 12% to 13%.

sees FY09 sales of $247-$250 million, versus the consensus of $253.49 million. Sees FY09 adj-EPS at the low end of its $1.00-$1.10 guidance.


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