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United States

H & R Block Inc (HRB.N)

HRB.N on New York Stock Exchange

25.53USD
3:59pm EDT
Change (% chg)

$0.12 (+0.47%)
Prev Close
$25.41
Open
$25.50
Day's High
$25.64
Day's Low
$25.38
Volume
200,137
Avg. Vol
728,266
52-wk High
$29.77
52-wk Low
$22.47

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Wed, Jun 13 2018

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H&R Block's heavy investments to weigh on future profits, shares sink

Shares of H&R Block Inc fell as much as 21 percent on Wednesday, after the tax preparer said it expected profit margins to shrink as it invests heavily in technology to lure clients who do their own taxes.

BRIEF-H&R Block Expects To Deliver Revenue Growth And Margins Consistent With Previous Outlook

* H & R BLOCK INC - EXPECT TO DELIVER REVENUE GROWTH AND MARGINS CONSISTENT WITH PREVIOUSLY PROVIDED OUTLOOK

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