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H&R Block revenue beats estimates but first-quarter loss widens due to rising costs

Earnings Whispers · ·by G4L

HRB
HRB H&R Block Inc
$50.99 +0.02%
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  1. 1H&R Block recorded $224.34 million in revenue for the first quarter.
  2. 2H&R Block reported an adjusted loss per share of $1.40 for the first quarter.
  3. 3H&R Block reaffirmed its annual guidance.

So what's the key point?

The money H&R Block made from sales was higher than what experts expected. However, because costs increased, the first-quarter loss grew to $1.40.

Source Earnings Whispers · View original ↗

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