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H&R Block reports 3Q loss

KANSAS CITY, Mo. (AP) _ H&R Block Inc. (HRB) on Tuesday reported a loss of $104.5 million in its fiscal third quarter.

On a per-share basis, the Kansas City, Missouri-based company said it had a loss of 50 cents. Losses, adjusted to account for discontinued operations, were 49 cents per share.

The tax preparer posted revenue of $451.9 million in the period.

H&R Block shares have dropped slightly more than 9 percent since the beginning of the year, while the Standard & Poor's 500 index has increased nearly 6 percent. In the final minutes of trading on Tuesday, shares hit $20.84, a fall of 26 percent in the last 12 months.


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


Keywords: H&R Block, Earnings Report