H&R Block Reports 2011 Second Quarter EPS of $(0.35)

H&R Block, Inc. HRB today reported a net loss from continuing operations for the fiscal second quarter ended Oct. 31, 2010, of $106.8 million, or $0.35 per share compared to a loss of $126.5 million, or $0.38 per share in the second quarter a year ago. H&R Block typically reports a second quarter operating loss due to the seasonality of its business. The consolidated net loss was $109.0 million, or $0.36 per share, compared to a loss of $128.6 million, or $0.38 per share, in the prior year period. Total revenues were down 1.0 percent from the prior year to $322.9 million.
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Posted In: EarningsNewsConsumer DiscretionarySpecialized Consumer Services
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