Residential Single-Family Homes Built by KB Home Residential Single-Family Homes Built by KB Home are under construction in the Valley Center neighborhood of California, USA on June 3, 2021.
Mike Black | Reuters
Check out the companies that make headlines after hours.
KB Home — Shares drop 21% in extended trading after homebuilder disappoints its revenue forecast Earnings results. KB Home reported earnings of $2.86 per share on revenue of $1.85 billion. Analysts polled by Refinitiv expected earnings of $2.67 a share on revenue of $1.87 billion.
Steelcase – Furniture shares fell 0.4% after Steelcase reported quarterly results that missed revenue expectations. The company reported earnings of 21 cents per share on revenue of $863.3 million. Analysts expected earnings of 12 cents a share on revenue of $884.1 million, according to a FactSet consensus estimate.
HB Fuller Co. — The adhesives maker rose 4.9% after beating earnings estimates, even though HB Fuller reported a slightly lower revenue forecast, according to FactSet.
Lennar — Lennar fell 1% after the homebuilding company reported its latest quarterly results. The company reported EPS of $5.03 on revenue of $8.93 billion. Analysts polled by Refinitiv had forecast earnings of $4.88 a share on revenue of $9 billion.
