Pedestrians cross a street in front of a Rite Aid store in Oakland, California.
David Paul Morris | Bloomberg | Getty Images
Check out the companies that make news after the bell on Wednesday:
KB Home: The shares of the housing construction company fell 3% after the company reported mixed first-quarter tax results. KB home reported earnings per share of $ 1.02 for revenue of $ 1.14 billion. Analysts polled by Refinitiv expected earnings per share of 92 cents in revenue of $ 1.24 billion.
HR: Furniture retailer shares rose 8% after the company posted fourth-quarter results that exceeded analysts ’expectations. HR posted earnings per share of $ 5.07 in revenue of $ 813 million. Analysts surveyed by Refinitiv predicted a $ 4.76 per share earnings in revenue of $ 798 million.
Rite Aid: Rite Aid shares fell 16% on the news that the company cut its fiscal EBITDA 2021. The company expects year-round EBITDA to range from 425 to 435 million. dollars. This has decreased from a previous orientation of $ 490 million to $ 520 million. Rite Aid added that a weak flu season affected its sales at the same store the previous quarter.