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Kansas City-based H&R Block Inc. posted a 73.2% decline in earnings for its fiscal year ended April 30, due in large part to the federal government extending the tax filing deadline.
The tax season typically concludes on April 15, before H&R Block’s fiscal year ends. With the tax deadline now set for July 15, most of those missing earnings are expected to appear in the company’s fiscal first quarter instead.
H&R Block (NYSE: HRB) posted $6 million in earnings, or 84 cents in adjusted earnings…