Fourth-quarter revenue guidance was also soft, as the company called for $450 million to $475 million, while analysts anticipated $501 million.
KKR Real Estate Finance Trust — The real estate trust added 3.5% after distributable earnings per share smashed expectations in the third quarter.
KKR Real Estate Finance Trust posted 25 cents per share in distributable earnings, while analysts surveyed by FactSet expected 4 cents per share.
The company also raised its full-year guidance for revenue, anticipating revenue between $235 million and $238 million.
Cadence Design Systems — The electronic system designer lost about 4% after delivering weak guidance for current quarter earnings per share.
Persons:
Redfin, TrueBlue, FactSet, Agilysys
Organizations:
Apollo Capital, U.S . Securities, Exchange Commission, Wall, KKR Real Estate Finance Trust, Cadence, Systems