Check out the companies making headlines in extended trading. Redfin – Shares rose 12%. Redfin announced that funds managed by Apollo Capital and affiliates have agreed to provide up to $250 million in financing for the real estate brokerage through a loan, according to a filing with the U.S. Securities and Exchange Commission emerges. The deal extends Redfin’s debt maturities through 2028. TrueBlue – The workforce solutions provider fell 12% after a weak third-quarter report. TrueBlue missed consensus earnings and revenue forecasts from analysts surveyed by FactSet. Fourth-quarter revenue guidance was also weak, as the company forecast $450 million to $475 million, while analysts expected $501 million. Hexcel – The industrial stock fell nearly 10% after missing FactSet consensus estimates for both industries for the third quarter. The company reiterated its full-year forecast, announcing adjusted earnings of $1.80 to $1.94 per share, while Wall Street expected $1.94 per share. KKR Real Estate Finance Trust – The real estate investment trust rose 3.5% after third-quarter distributable earnings per share beat expectations. KKR Real Estate Finance Trust reported distributable profit of 25 cents per share, while analysts surveyed by FactSet expected 4 cents per share. Agilysys – The hospitality technology provider rose 9%. Agilysys reported second-quarter profit of 25 cents per share, excluding items. That’s up from 24 cents per share a year ago. The company also raised its full-year revenue guidance, anticipating revenue between $235 million and $238 million. A previous forecast called for revenue of $230 million to $235 million. Cadence Design Systems – The electronic systems developer fell about 4% after giving weak earnings per share guidance for the current quarter. The company expects $1.30 to $1.36 per share (excluding items in the quarter), while analysts surveyed by FactSet expected $1.37 per share.
Source : www.cnbc.com