Take a look at the businesses making headlines in after-hour buying and selling. Ford Motor — Shares surged 6% after the automaker posted second-quarter adjusted earnings that beat expectations and hiked its 2026 earnings outlook. However the firm’s automotive income got here in barely beneath the expectations of analysts polled by LSEG. CoStar — The true property market inventory tumbled 12% after second-quarter income failed to fulfill the expectation of analysts surveyed by FactSet. CoStar additionally advised traders to count on between $935 million and $945 million in current-quarter income, lacking the consensus forecast of $967.5 million. Rocky Manufacturers — The attire producer surged 16% after reporting second-quarter earnings per share, excluding objects, that greater than tripled from the identical interval a 12 months in the past. The Ohio-based firm mentioned a number of manufacturers noticed sturdy double-digit development charges and that it was aided by tariff refunds. Mondelez – The maker of Bitter Patch Youngsters and Oreo cookies jumped 1%. Mondelez posted second quarter revenue of 73 cents a share on income of $9.36 billion. Analysts polled by LSEG have been searching for 68 cents per share and $9.20 billion. Adjusted gross margin of 34% additionally beat the StreetAccount consensus name for 32.8%. Varonis Programs – Shares of the info safety firm shed 8% as present quarter steerage dissatisfied Wall Avenue. Varonis sees third-quarter adjusted earnings in a variety of two to three cents per share, in comparison with the FactSet consensus for two cents a share. Income is predicted to land between $185 million and $188 million, whereas analysts sought $186.1 million. PPG Industries – The paint and glass producer dropped 4% after second-quarter earnings per share and adjusted EBITDA missed Wall Avenue analysts’ estimates. Nonetheless, PPG reaffirmed its full-year steerage for earnings per share. KLA Corp – The producer of wafer fab tools slid 9% after the corporate issued disappointing steerage. KLA sees first-quarter adjusted earnings of $1.16 per share, plus or minus 10 cents, whereas the LSEG estimate known as for $1.14 per share. Income is predicted to be round $4 billion, plus or minus $200 million, in comparison with the Avenue’s estimate of $3.92 billion. Seagate Expertise – Shares of the info storage firm rose 8% after Seagate issued an outlook that trounced analysts’ expectations. Seagate sees first-quarter adjusted earnings of round $7.30 per share, whereas analysts have been searching for $5.80 per share, per LSEG. Income is predicted to be roughly $4.1 billion, versus the $3.75 billion estimate. Shares of Western Digita l rose 4% in sympathy. Manhattan Associates – The provision chain software program supplier climbed 7% after second-quarter earnings and income topped analyst estimates. Manhattan Associates additionally raised full-year revenue and income forecasts. Visa – The funds expertise inventory misplaced virtually 2% after Visa’s steerage for the 2026 fiscal 12 months underwhelmed the Avenue. The corporate reaffirmed its earnings per share development on an adjusted nominal greenback foundation within the mid-teens, roughly in keeping with the FactSet consensus estimate of 14.7%. Earlier within the day, the corporate mentioned it might slash about 2,600 jobs or roughly 7% of its headcount. Teradyne – The maker of semiconductor take a look at tools surged 14% postmarket. Second-quarter adjusted earnings and income, and third-quarter revenue and gross sales forecasts, all topped Avenue estimates, FactSet information confirmed. NXP Semiconductors – The designer of semiconductor merchandise misplaced 5%. Non-GAAP gross margin within the second quarter was in keeping with the Avenue’s forecast, coming in at 58.0%. NXP anticipates adjusted earnings within the third quarter will vary from $3.89 to $4.32 per share, in comparison with the LSEG estimate of $3.98 a share. Skyworks Options – The semiconductor producer slumped 10% after adjusted margin within the third quarter narrowly missed analysts’ expectations, coming in at 44.9% versus the 45.0% anticipated. Adjusted EPS for the fourth quarter is predicted to be $1.27 per share, in comparison with the $1.28 per share LSEG consensus. — CNBC’s Darla Mercado and Scott Schnipper contributed reporting.
