Facade with sign and logo at the La-Z-Boy furniture store in Pleasanton, California on April 16, 2018.
Smith Collection | Gado | Getty Images
Check out the companies making headlines after trading hours Tuesday:
Oracle – Shares of the software company fell more than 2% despite Oracle posting better-than-expected results for its fourth quarter. The company earned $ 1.54 per share, excluding items, on revenue of $ 11.23 billion. Analysts polled by Refinitiv expected the company to earn $ 1.31 per share on $ 11.04 billion in revenue.
La-Z-Boy – La-Z-Boy gained 87 cents in its fiscal fourth quarter, which was ahead of the 74 cents per share that analysts polled by FactSet were expecting. The company’s revenue was $ 519.5 million, which was also higher than the expected $ 498.5 million. However, the stock fell 2%.
Roblox – The company’s shares fell more than 7% after Roblox said daily active users declined slightly in May. The online gaming platform company said it had 43 million daily active users in May. That’s up 28% year-over-year, but down 1% from April’s level.
H&R Block – Shares of the tax preparation company fell 2% even after better-than-expected quarterly figures were released. H&R Block earned $ 5.16 per share excluding items, beating a FactSet estimate of $ 5.06 per share. Revenue was $ 2.33 billion, slightly ahead of the expected $ 2.32 billion. The company also announced that it would increase its dividend.
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