FedEx, Cerebras, KB Home and others move after hours on earnings and executive changes

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Summary · why it matters

Several companies made notable moves in after-hours trading following earnings reports and executive announcements. FedEx shares fell about 6% after fourth-quarter revenue of $25.01 billion narrowly beat the $24.04 billion consensus. KB Home added 2% as fiscal second-quarter revenue of $1.11 billion topped the $1.10 billion estimate, though earnings of 43 cents per share missed the 45-cent forecast. Cerebras dropped 8% after its first post-IPO report showed a first-quarter loss of 22 cents on $193.4 million in revenue, while guiding full-year core revenue to $855 million to $865 million and current-quarter core revenue to $194 million. Nike gained 1% on news that CFO Matthew Friend will step down and be replaced by Pfizer CFO David Denton effective August 17, and that upcoming results will include a tariff refund benefit. Worthington Enterprises tumbled nearly 10% after adjusted earnings of 97 cents per share on $371.5 million in revenue missed expectations of $1.06 and $386.5 million.

Impact on assets 6

Consumer Discretionary▲ · 2 stocks
KB Home
KBH
± MixedCapitalrelevance

Fiscal Q2 revenue beat estimates but earnings missed; shares added 2%.

Nike Inc
NKE
▲ PositiveCapitalrelevance

CFO change and upcoming tariff refund benefit; shares gained 1%.

Artificial Intelligence▼ · 1 stocks
Industrials▼ · 1 stocks
FedEx Corporation
FDX
▼ NegativeCapitalrelevance

Q4 revenue narrowly beat consensus but shares fell 6% after earnings report.

Materials▼ · 1 stocks
Biotech & Genomic Medicine▲ · 1 stocks
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