H&R Block Reports Wider Second-quarter Loss

MarketWatch Pulse

H&R Block Inc. late Monday said its fiscal second-quarter loss widened to $112 million, or 41 cents a share, from $104.9 million, or 39 cents a share, a year ago. Revenue edged up to $134.6 million versus $134.3 million. On an adjusted basis, H&R would have lost 45 cents a share. Analysts surveyed by FactSet had forecast the tax services company to report a per-share loss of 42 cents. Shares of H&R Block slumped over 4% after hours.

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