H&R Block rises, Sealy flat after hours
LOS ANGELES (MarketWatch) -- H&R Block Inc. and
H&R Block (HRB) shares rose 16 cents in after-hours trading following the tax-preparation services provider's fourth-quarter results. H&R Block reported earnings of $586 million, or $1.99 a share, on $2 billion in revenue, compared with a profit of $658.2 million, or $2.14 a share, on sales of $2.05 billion in the same period a year ago. Analysts surveyed by Thomson Reuters had forecast H&R Block to earn $2.05 a share on $2.01 billion in revenue.
Sealy (ZZ) shares were at their regular-session closing price of $1.70 after the mattress maker reported its fiscal first-quarter results. Sealy said it earned $1.68 million, or 2 cents a share, on $312 million in revenue. During the same period a year ago, Sealy lost a penny a share on sales of $321.3 million. Analysts surveyed by FactSet Research had forecast Sealy to break even on a per-share basis on $313 million in revenue.
Ahead of the close, U.S. stocks pushed higher following mixed economic data, including a June fall in consumer confidence and a rise in April home prices. Read more in Market Snapshot.
The Dow Jones Industrial Average (DJIA) rose 32 points to close at 12,534. The S&P 500 Index (SPX) picked up 0.5% to end the day at 1,319 and the Nasdaq Composite Index (COMP) rose almost 18 points to close at 2,854.