H&R Block reports Q2 adjusted EPS ($1.84), consensus ($1.89)

Reports Q2 revenue $198.9M, consensus $187.36M. The company noted that “its business is highly seasonal, and second quarter results consistently reflect this pattern. Historically, this period contributes modestly to annual revenue and typically generates a net loss.” Tiffany Mason, CFO, said, “We delivered double-digit revenue growth in the quarter and reaffirmed our full-year outlook, reflecting the strength of our year-to-date performance. The performance across Assisted, DIY, and Wave demonstrates solid execution, and our financial fundamentals and commitment to disciplined capital allocation position us to deliver meaningful long-term value.”