H&R Block (HRB) Reports In-Line Q1 EPS

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H&R Block Announces Fiscal 2018 First Quarter Results

August 29, 2017 4:15 PM EDT

KANSAS CITY, Mo., Aug. 29, 2017 (GLOBE NEWSWIRE) -- H&R Block, Inc. (NYSE: HRB) today released its financial results for the fiscal 2018 first quarter ended July 31, 2017.  The company normally reports a fiscal first quarter loss due to the seasonality of its tax business.  The fiscal first quarter typically represents less than 5% of annual revenues and less than 15% of annual expenses.

Fiscal First Quarter Highlights1

Fiscal first quarter financial results were largely in line with expectationsRevenues increased $13 million, or 10%, to $138 million primarily due to... More