6 weeks later
- After the market closed on Thursday 3/3/16, the tax preparation and related services provider posted a net loss of $0.34 per share, $0.10 worse than expected, on revenue of $475 million, which was not only down by 6.7% year-over-year, but also missed expectations by $26.78 million. First Eagle Investment Management disclosed ownership of 5.7 million shares of H & R Block Inc (NYSE:HRB) valued at roughly $190 million as of the end of the fourth quarter of 2015.
- Downgraded to Market Perform from Outperform at BMO Capital.
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