After-Hours Stock Movers: Steelcase, KB Home gain post earnings

After-Hours Stock Movers:

Steelcase (NYSE: SCS) 9% HIGHER; reported Q4 EPS of $0.19, $0.08 better than the analyst estimate of $0.11. Revenue for the quarter came in at $801.7 million versus the consensus estimate of $750.73 million. Steelcase sees Q1 2024 EPS of $0.01-$0.05, versus the consensus of $0.00. Steelcase sees FY2024 EPS of $0.55-$0.75, versus the consensus of $0.59.

89bio, Inc. (Nasdaq: ETNB) 4% HIGHER; adds to intra-day gains after it commenced an underwritten public offering of $200 million of shares of its common stock or, in lieu of common stock to certain investors that so choose, pre-funded warrants to purchase shares of its common stock.

MillerKnoll, Inc. (NASDAQ: MLKN) 4% LOWER; reported Q3 EPS of $0.54, $0.12 better than the analyst estimate of $0.42. Revenue for the quarter came in at $984.7 million versus the consensus estimate of $999.06 million. MillerKnoll, Inc. sees Q4 2023 EPS of $0.37-$0.43, versus the consensus of $0.58. MillerKnoll, Inc. sees Q4 2023 revenue of $930-970 million, versus the consensus of $1027 million.

KB Home (NYSE: KBH) 3% HIGHER; reported Q1 EPS of $1.45, $0.30 better than the analyst estimate of $1.15. Revenue for the quarter came in at $1.38 billion versus the consensus estimate of $1.31 billion.

Chewy (NYSE: CHWY) 1% LOWER; reported Q4 EPS of $0.16, $0.27 better than the analyst estimate of ($0.11). Revenue for the quarter came in at $2.71 billion versus the consensus estimate of $2.64 billion.

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