H&R Block Inc. (HRB) plunged 5.02% in after-hours trading on Tuesday, following the release of its fiscal second-quarter 2025 results that missed analyst expectations.
The tax preparation services provider reported an adjusted loss per share of $1.73 for the quarter ended December 31, 2024, wider than the $1.59 loss estimated by analysts. Revenue for the quarter came in at $179.1 million, lower than the consensus estimate of $183.4 million.
Despite the weaker-than-expected results, H&R Block reaffirmed its full-year 2025 outlook, projecting revenue in the range of $3.69 billion to $3.75 billion and adjusted earnings per share of $5.15 to $5.35. The company cited its preparations for the upcoming tax season and confidence in the second half of the fiscal year.
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