Take a look at the businesses making headlines in prolonged buying and selling. Micron Expertise — Shares popped 13% after the semiconductor firm beat expectations on income and gave sturdy steerage for the measure. Micron reported $5.82 billion in income for the second fiscal quarter and mentioned to anticipate $6.6 billion within the present interval. Each figures topped the respective analyst consensus forecasts of $5.35 billion and $6.02 billion, per LSEG. Adjusted earnings per share got here in at 42 cents for the quarter, whereas analysts anticipated a lack of 25 cents per share. 5 Under — The worth retailer tumbled 13% on weak fourth-quarter earnings and outlook. 5 Under earned $3.65 per share on $1.34 billion in income. Analysts surveyed by LSEG had estimated $3.78 per share in earnings on $1.35 billion of income. The corporate additionally offered mild steerage on each traces for the present quarter and full 12 months. 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 income, higher than the expectation for a lack of 5 cents per share and income at $2.77 billion. Regardless of that, the corporate gave smooth steerage for current-quarter income. KB House — Shares oscillated in after-hours buying and selling as merchants parsed the homebuilder’s earnings launch, final buying and selling larger by practically 1%. KB House noticed $1.76 per share on income of $1.47 billion, whereas analysts polled by LSEG penciled in $1.57 per share and $1.46 billion in income. Guess — The clothes designer popped 10% in prolonged buying and selling after reporting sturdy fourth-quarter outcomes. Guess posted adjusted earnings of $2.01 per share on income of $891 million. Analysts known as for $1.56 per share in earnings and income of $856 million, per LSEG. – CNBC’s Darla Mercado contributed reporting.
