Shares of H&R Block (HRB) gained more than 3% over the past trading week. The provider of tax preparation and banking services reported its second quarter results on Thursday before the market open. The results were well-received by the market.
Second Quarter Results
H&R Block reported second quarter revenues of $137.3 million for its fiscal 2013, up 6% on the year. Revenue growth was driven by strong performance in Australia. Revenues comfortably beat analysts consensus of $130.5 million. Note that the second quarter is traditionally a very quiet one for H&R Block, making up just 5% of annual revenues.
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