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

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H&R Block Announces Fiscal 2021 First Quarter Results

September 1, 2020 4:20 PM EDT

KANSAS CITY, Mo., Sept. 01, 2020 (GLOBE NEWSWIRE) -- H&R Block, Inc. (NYSE: HRB) today released its financial results1 for the fiscal 2021 first quarter ended July 31, 2020.

Strong finish to the tax season resulted in total U.S. tax filing growth of 3.3%2.Fiscal first quarter financial results improved significantly compared to the prior year due to the extension of the most recent tax season to July 15; revenues increased 300% to $601 million.Pretax earnings of $124 million compared to a pretax loss of $207 million in the prior year.  GAAP earnings per... More