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After-hours buzz: H&R Block, Urban Outfitters, Applied Materials & more

Check out the companies making headlines after the bell Thursday:

H&R Block's stock bounced after the company upped its dividend amid better-than-expected earnings and revenue. The tax preparation company earned $3.16 per share, excluding items, on revenues of $2.3 billion. Wall Street was expecting $3.15 per share on revenues of $2.28 billion.

The company also raised its dividend by 10 percent. While revenues ticked down compared to the prior year, H&R Block has increased prices and improved monetization of do-it-yourself channels.

Wall Street, after hours
Spencer Platt | Getty Images

"We are developing aggressive plans for tax season 2017," CEO Bill Cobb said in a statement.

Urban Outfitters shares sank after the fashion retailer announced that same-store sales have been slower than expected so far this quarter. Comparable retail segment net sales are mid-single digit negative for the second fiscal quarter of 2017, according to SEC filings. Estimates had expected a 0.4 percent rise in comps.

Shares of other retailers, like Macy's, Kohl's and Gap also fell, sliding as a report from William Blair analysts predicted that Amazon would continue its penetration into the e-commerce market. Amazon shares were only slightly higher after the bell.

Applied Materials shares inched higher after the semiconductor company announced a $2 billion share repurchase program. The move builds on the completion of a $3 billion program approved last year, Reuters reported. Applied Material's board also approved a 10 cent per share dividend.

Southwestern Energy Company's stock rose after it agreed to sell $450 million in land. Antero Resources will buy the 55,000 acres in West Virginia, the energy company said in a statement. The cash deal will reduce the principal balance on a $750 million loan.