F, TER, V, KLAC and more
Check out the companies making headlines in after-hour trading. Ford Motor — Shares surged 6% after the automaker posted second-quarter adjusted earnings that beat expectations and hiked its 2026 earnings outlook. But the company’s automotive revenue came in slightly below the expectations of analysts polled by LSEG. CoStar — The real estate marketplace stock tumbled 12% after second-quarter revenue failed to meet the expectation of analysts surveyed by FactSet. CoStar also told investors to expect between $935 million and $945 million in current-quarter revenue, missing the consensus forecast of $967.5 million. Rocky Brands — The apparel manufacturer surged 16% after reporting second-quarter earnings per share, excluding items, that more than tripled from the same period a year ago. The Ohio-based company said several brands saw strong double-digit growth rates and that it was aided by tariff refunds. Mondelez – The maker of Sour Patch Kids and Oreo cookies jumped 1%. Mondelez posted second quarter profit of 73 cents a share on revenue of $9.36 billion. Analysts polled by LSEG were looking for 68 cents per share and $9.20 billion. Adjusted gross margin of 34% also beat the StreetAccount consensus call for 32.8%. Varonis Systems – Shares of the data security company shed 8% as current quarter guidance disappointed Wall Street. Varonis sees third-quarter adjusted earnings in a range of 2 to 3 cents per share, compared to the FactSet consensus for 2 cents a share. Revenue is expected to land between $185 million and $188 million, while analysts sought $186.1 million. PPG Industries – The paint and glass manufacturer dropped 4% after second-quarter earnings per share and adjusted EBITDA missed Wall Street analysts’ estimates. However, PPG reaffirmed its full-year guidance for earnings per share. KLA Corp – The manufacturer of wafer fab equipment slid 9% after the company issued disappointing guidance. KLA sees first-quarter adjusted earnings of $1.16 per share, plus or minus 10 cents, while the LSEG estimate called for $1.14 per share. Revenue is expected to be around $4 billion, plus or minus $200 million, compared to the Street’s estimate of $3.92 billion. Seagate Technology – Shares of the data storage company rose 8% after Seagate issued an outlook that trounced analysts’ expectations. Seagate sees first-quarter adjusted earnings of around $7.30 per share, while analysts were looking for $5.80 per share, per LSEG. Revenue is expected to be roughly $4.1 billion, versus the $3.75 billion estimate. Shares of Western Digita l rose 4% in sympathy. Manhattan Associates – The supply chain software provider climbed 7% after second-quarter earnings and revenue topped analyst estimates. Manhattan Associates also raised full-year profit and revenue forecasts. Visa – The payments technology stock lost almost 2% after Visa’s guidance for the 2026 fiscal year underwhelmed the Street. The company reaffirmed its earnings per share growth on an adjusted nominal dollar basis in the mid-teens, roughly in line with the FactSet consensus estimate of 14.7%. Earlier in the day, the company said it would slash about 2,600 jobs or roughly 7% of its headcount. Teradyne – The maker of semiconductor test equipment surged 14% postmarket. Second-quarter adjusted earnings and revenue, and third-quarter profit and sales forecasts, all topped Street estimates, FactSet data showed. NXP Semiconductors – The designer of semiconductor products lost 5%. Non-GAAP gross margin in the second quarter was in line with the Street’s forecast, coming in at 58.0%. NXP anticipates adjusted earnings in the third quarter will range from $3.89 to $4.32 per share, compared to the LSEG estimate of $3.98 a share. Skyworks Solutions – The semiconductor manufacturer slumped 10% after adjusted margin in the third quarter narrowly missed analysts’ expectations, coming in at 44.9% versus the 45.0% anticipated. Adjusted EPS for the fourth quarter is expected to be $1.27 per share, compared to the $1.28 per share LSEG consensus. — CNBC’s Darla Mercado and Scott Schnipper contributed reporting.
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