After Hours: H&R Block Tumbles, Nordstrom & Limited Brands Gain

[Stocks-to-Watch]

H&R Block (HRB) shares, which were up three cents during regular trading, were tumbling close to 3% after hours following the company’s* third quarter guidance.

The tax preparer said it expects to “near break-even” on revenue of $850 million. Yet, that figure is well below the 16 cents a share analysts’ anticipated H&R Block would earn on $892.4 million in revenue.

Elsewhere, shares of Limited Brands (LTD) were up 1.3% after a better-than-expected earnings report. The company, which owns brands including Victoria’s Secret and Bath & Body Works, reported fourth quarter profit of $1.36 a share, compared to $1.08 a share last year and ahead of the $1.25 analysts’ had forecast. Revenue also came in ahead of expectations at $3.46 billion. The stock closed down 2.3% during regular trading hours.

Nordstrom (JWN) jumped 2.4% in after hours trading, reversing the 2.3% decline the stock saw during the trading day. The upscale department store increased its dividend by 15%, to 23 cents.



Original Article Source by Barrons.com