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Monday's After-Hours Movers Led By H & R Block, United Natural Foods And DryShips

Courtesy of Benzinga.

Related HRB
Must Watch Stocks for Today
Earnings Scheduled For December 7, 2015
H&R Block misses by $0.06, misses on revenue (Seeking Alpha)

Related UNFI
Must Watch Stocks for Today
Earnings Scheduled For December 7, 2015
United Natural Foods misses by $0.04, revenue in-line (Seeking Alpha)

Shares of H & R Block Inc (NYSE: HRB) were trading down more than 5 percent in Monday’s after-hours session, following the announcement of the company’s second quarter (fiscal 2016) financial results. The mid-cap accounting services provider reported revenue of $128 million, down 4.6 percent on foreign exchange headwinds, and a net loss of $(0.54) per share. While sales came in ahead of the Street’s expectations, which called for revenue of $127.72 million, the net loss was larger than the anticipated $(0.49) per share.

Also falling on its earnings call was United Natural Foods, Inc. (NASDAQ: UNFI), down almost 6 percent. For the first quarter of fiscal 2016, the small-cap organic and natural foods distributor delivered earnings of $0.63 per share on revenue of $2.018 billion, missing the Street’s consensus estimate of $0.69 per share and $2.094 billion.

Opposite was the case of DryShips Inc. (NASDAQ: DRYS), which gained more than 12.4 percent after the bell rang on its earnings report. This micro-cap transportation company retrieved a net loss of $(0.03) per share on revenue of $50.766 million.

Central Garden & Pet Co (NASDAQ: CENT) rose more than 2.2 percent in Monday’s after-hours session. The small-cap company reported fourth quarter earnings of $0.01 per share on revenue of $386.37 million, well above the Street’s consensus, which called for a net loss of $(0.09) per share on revenue of $384.8 million.

Disclosure: Javier Hasse holds no positions in any of the securities mentioned above.

Posted-In: Earnings News After-Hours Center Movers


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