Check out the companies making headlines in extended trading. Micron Technology — Shares popped 13% after the semiconductor company beat expectations on revenue and gave strong guidance for the measure. Micron reported $5.82 billion in revenue for the second fiscal quarter and said to anticipate $6.6 billion in the current period. Both figures topped the respective analyst consensus forecasts of $5.35 billion and $6.02 billion, per LSEG. Adjusted earnings per share came in at 42 cents for the quarter, while analysts anticipated a loss of 25 cents per share. Five Below — The value retailer tumbled 13% on weak fourth-quarter earnings and outlook. Five Below earned $3.65 per share on $1.34 billion in revenue. Analysts surveyed by LSEG had estimated $3.78 per share in earnings on $1.35 billion of revenue. The company also provided light guidance on both lines for the current quarter and full year. Chewy — The pet-focused retailer added 1% as earnings surpassed consensus predictions for the fourth quarter. Chewy posted 7 cents in earnings per share and $2.83 billion in revenue, better than the expectation for a loss of 5 cents per share and revenue at $2.77 billion. Despite that, the company gave soft guidance for current-quarter revenue. KB Home — Shares oscillated in after-hours trading as traders parsed the homebuilder’s earnings rel …
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[mwai_chat context=”Let’s have a discussion about this article:nnCheck out the companies making headlines in extended trading. Micron Technology — Shares popped 13% after the semiconductor company beat expectations on revenue and gave strong guidance for the measure. Micron reported $5.82 billion in revenue for the second fiscal quarter and said to anticipate $6.6 billion in the current period. Both figures topped the respective analyst consensus forecasts of $5.35 billion and $6.02 billion, per LSEG. Adjusted earnings per share came in at 42 cents for the quarter, while analysts anticipated a loss of 25 cents per share. Five Below — The value retailer tumbled 13% on weak fourth-quarter earnings and outlook. Five Below earned $3.65 per share on $1.34 billion in revenue. Analysts surveyed by LSEG had estimated $3.78 per share in earnings on $1.35 billion of revenue. The company also provided light guidance on both lines for the current quarter and full year. Chewy — The pet-focused retailer added 1% as earnings surpassed consensus predictions for the fourth quarter. Chewy posted 7 cents in earnings per share and $2.83 billion in revenue, better than the expectation for a loss of 5 cents per share and revenue at $2.77 billion. Despite that, the company gave soft guidance for current-quarter revenue. KB Home — Shares oscillated in after-hours trading as traders parsed the homebuilder’s earnings rel …nnDiscussion:nn” ai_name=”RocketNews AI: ” start_sentence=”Can I tell you more about this article?” text_input_placeholder=”Type ‘Yes'”]
