H&R Block Announces Fiscal 2020 Second Quarter Results and Reiterates Fiscal Year Outlook

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H&R Block (HRB) Tops Q2 EPS by 177c

December 4, 2019 4:24 PM EST

H&R Block (NYSE: HRB) reported Q2 EPS of $0.85, $1.77 better than the analyst estimate of ($0.92). Revenue for the quarter came in at $161 million versus the consensus estimate of $161.06 million.

Fiscal Second Quarter Highlights1

Fiscal second quarter financial results were in line with expectations, and the company reiterated its revenue growth and margin outlook for the full fiscal year.Revenues increased 8%, to $161 million due to Wave and improved tax return volumes.Loss per share from continuing operations2 increased $0.10 to... More