H&R Block: Fiscal Q1 Earnings Snapshot

KANSAS CITY, Mo. (AP) — KANSAS CITY, Mo. (AP) — H&R Block Inc. (HRB) on Monday reported a loss of $188.5 million in its fiscal first quarter.

On a per-share basis, the Kansas City, Missouri-based company said it had a loss of $1.53. Losses, adjusted for non-recurring costs and to account for discontinued operations, were $1.40 per share.

The results matched Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was also for a loss of $1.40 per share.

The tax preparer posted revenue of $224.3 million in the period, surpassing Street forecasts. Three analysts surveyed by Zacks expected $211.6 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HRB at https://www.zacks.com/ap/HRB