H&R Block Inc. (HRB) reported a third quarter adjusted loss of $0.22 per share after the bell Thursday, compared the break-even results reported last year. The consensus estimate was for a loss of $0.01.
H&R Block said that U.S. filings will fully normalize and grow 1 to 2 percent by the end of the tax season. The company expects to deliver significant earnings and margin expansion in fiscal 2013, partly due to its cost pruning efforts.
H&R Block gapped open sharply higher Friday and climbed in early trade, but settled into a narrow range for the majority of the session. The stock closed up by 2.30 at $27.28 on the highest volume in over 10 months. H&R Block broke out of a 3-week range and set a new high for the year.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.