Kura Sushi Posts Downbeat Results, Joins Cal-Maine Foods And Other Big Stocks Moving Lower In Wednesday's Pre-Market Session

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 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 EHAB share dipped 35.5% to $5.00 in today’s pre-market trading.
• CCC Intelligent Solutions Holdings Inc CCCS shares fell 34.8% to $5.40 in pre-market trading.
• Smith Douglas Homes Corp SDHC declined 32.5% to $12.00 in pre-market trading after dipping 10% on Tuesday.
• Donegal Group Inc 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 AMBC fell 24.1% to $5.00 in pre-market trading.
• Ramaco Resources Inc METCB shares dipped 22.6% to $5.00 in pre-market trading.
• LXP Industrial Trust 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 RPAY declined 15% to $4.23 in pre-market trading.
• Neuropace Inc NPCE declined 11.7% to $9.80 in pre-market trading following a 10% fall in the previous session.
• Inventrust Properties Corp 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 KNTK fell 7.2% to $39.00 in pre-market trading.
• Cal-Maine Foods Inc 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.

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