H&R Block posts loss on subprime woes

(Reuters) - June 21 - H&R Block Inc. , the largest U.S. tax preparer, said its quarterly net income from continuing operations rose 9 percent, helped by a strong performance at its consumer financial services division. Earnings from continuing operations rose to $591.2 million, or $1.81 a share, from $541.7 million, or $1.63, a year earlier, for the Kansas City, Missouri-based company's fiscal fourth quarter ending April 30.



Revenue rose 8 percent to $2.4 billion.


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