The U.S. stock market is poised for a rough start on Wednesday, but amidst the turmoil, certain stocks are likely to seize investor attention today:
After the closing bell, all eyes will be on KB Home KBH, with analysts projecting quarterly earnings at $1.69 per share on revenue of $1.62 billion. Reflecting this anticipation, KB Home shares experienced a 0.6% surge to reach $62.94 in after-hours trading.
PriceSmart, Inc. PSMT exceeded earnings expectations for the first quarter, propelling its shares up by 9.8% to $80.10 during the after-hours trading session on Tuesday.
Analysts project that Richardson Electronics, Ltd. RELL will yield earnings of 1 cent per share on revenue of $52.00 million for the latest quarter, with the company set to disclose its earnings post-market close. Consequently, Richardson Electronics shares advanced by 1.7% to $12.85 in after-hours trading.
Intuitive Surgical, Inc. ISRG announced a preliminary revenue of $1.93 billion for the fourth quarter, surpassing market estimates of $1.87 billion. As a result, Intuitive shares surged 5.3% to $348.00 during the after-hours trading session.
SMART Global Holdings, Inc. SGH reported better-than-expected earnings for its first quarter and also revealed the approval of a $75 million share repurchase authorization. This disclosure caused SMART Global shares to rise by 10.5% to $20.40 in after-hours trading.
