Stocks making the biggest moves after hours: H.B. Fuller, KB Home, Lennar and more

Stocks making the biggest moves after hours: H.B. Fuller, KB Home, Lennar and more


Residential single family homes construction by KB Home Residential single family homes construction by KB Home are shown under construction in the community of Valley Center, California, U.S. June 3, 2021.

Mike Blake | Reuters

Check out the companies making headlines after hours.

KB Home — Shares dipped 21% in extended trading after the homebuilder disappointed on revenue expectations in its earnings results. KB Home reported earnings of $2.86 per share on revenue of $1.85 billion. Analysts surveyed by Refinitiv were expecting earnings of $2.67 per share on revenue of $1.87 billion.

Steelcase — The furniture stock declined 0.4% after Steelcase reported quarterly results that missed on revenue estimates. The company reported earnings of 21 cents per share on revenue of $863.3 million. Analysts were expecting earnings of 12 cents per share on revenue of $884.1 million, according to consensus estimates from FactSet.

H.B. Fuller Company — The adhesive manufacturing company jumped 4.9% after topping earnings expectations, though H.B. Fuller reported a slight miss on revenue estimates, according to FactSet.

Lennar — Lennar dipped 1% after the home construction company reported its latest quarterly results. The company reported earnings of $5.03 per share on revenue of $8.93 billion. Analysts surveyed by Refinitiv were forecasting earnings of $4.88 per share and revenue of $9 billion.



Source

UAW warns of potential strikes at Ford, Stellantis a year after unprecedented work stoppages
Business

UAW warns of potential strikes at Ford, Stellantis a year after unprecedented work stoppages

UAW president Shawn Fain and members and workers at the Mopar Parts Center Line, a Stellantis Parts Distribution Center in Center Line, Michigan, picket outside the facility after walking off their jobs at noon on September 22, 2023. Matthew Hatcher | AFP | Getty Images DETROIT – A year after unprecedented strikes by the United […]

Read More
August home sales drop more than expected, as prices set a new record
Business

August home sales drop more than expected, as prices set a new record

Sales of previously owned homes fell 2.5% in August from July, to a seasonally adjusted annualized rate of 3.86 million units, according to the National Association of Realtors. That is slightly lower than what analysts expected. Sales were 4.2% lower than August 2023. It marks three straight months of sales below the 4 million mark, […]

Read More
JetBlue to open airport lounges in New York and Boston in battle for big spenders
Business

JetBlue to open airport lounges in New York and Boston in battle for big spenders

JetBlue planes at JFK’s Terminal 5 in New York. Leslie Josephs | CNBC JetBlue Airways will open its first airport lounges in its more than two decades of flying, a major shift for the low-cost airline as it chases high-spending travelers. The lounges will open at the carrier’s hubs in New York late next year […]

Read More