H&R Block (HRB) Tops Q1 EPS by 5c, Revenues Beat

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H&R Block Announces Fiscal 2019 First Quarter Results

August 28, 2018 4:15 PM EDT

KANSAS CITY, Mo., Aug. 28, 2018 (GLOBE NEWSWIRE) -- H&R Block, Inc. (NYSE: HRB) today released its financial results for the fiscal 2019 first quarter ended July 31, 2018.  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 percent of annual revenues and less than 15 percent of annual expenses.

Fiscal First Quarter Highlights1

Fiscal first quarter financial results were in line with expectations.Revenues increased $7 million, or 5 percent, to $145 million... More