U.S. stock futures were lower this morning, with the Dow futures falling more than 600 points on Wednesday.
Shares of Kura Sushi USA Inc (NASDAQ:KRUS) fell sharply in today's pre-market trading as the company posted downbeat results for its second quarter.
Kura Sushi USA reported a quarterly loss of 14 cents per share which missed the analyst consensus estimate of loss of 13 cents per share. The company reported quarterly sales of $64.89 million which missed the analyst consensus estimate of $64.91 million.
The company also said it sees FY25 total sales of $275 million to $279 million, versus market estimates of $280.741 million.
Kura Sushi shares fell 3.3% to $40.10 in the pre-market trading session.
Here are some other stocks moving lower in pre-market trading.
- Enhabit Inc (NYSE:EHAB) share dipped 35.5% to $5.00 in today's pre-market trading.
- CCC Intelligent Solutions Holdings Inc (NASDAQ:CCCS) shares fell 34.8% to $5.40 in pre-market trading.
- Smith Douglas Homes Corp (NYSE:SDHC) declined 32.5% to $12.00 in pre-market trading after dipping 10% on Tuesday.
- Donegal Group Inc (NASDAQ:DGICA) declined 27.3% to $13.10 in pre-market trading. Donegal Group will release its results for first quarter on Thursday, April 24, before the opening bell.
- Ambac Financial Group Inc (NYSE:AMBC) fell 24.1% to $5.00 in pre-market trading.
- Ramaco Resources Inc (NASDAQ:METCB) shares dipped 22.6% to $5.00 in pre-market trading.
- LXP Industrial Trust (NYSE:LXP) fell 17.7% to $5.94 in pre-market trading. LXP Industrial Trust will release its first quarter financial results on Thursday, May 1.
- Repay Holdings Corp (NASDAQ:RPAY) declined 15% to $4.23 in pre-market trading.
- Neuropace Inc (NASDAQ:NPCE) declined 11.7% to $9.80 in pre-market trading following a 10% fall in the previous session.
- Inventrust Properties Corp (NYSE:IVT) fell 9.9% to $23.41 in pre-market trading. InvenTrust Properties will report its first quarter earnings results on April 30, after the market closes.
- Kinetik Holdings Inc (NYSE:KNTK) fell 7.2% to $39.00 in pre-market trading.
- Cal-Maine Foods Inc (NASDAQ:CALM) fell 4% to $86.78 in pre-market trading after the company reported worse-than-expected third-quarter revenue results. Additionally, the company announced the acquisition of Echo Lake Foods for approximately $258 million and stated it is cooperating with a civil investigative demand by the DOJ into the nationwide increase in egg prices.
Now Read This:
Photo via Shutterstock