Check out the companies making headlines in expansion trading: Palantir Technologies – Shares fell nearly 7% after defense technology companies reported first-quarter earnings in line with Wall Street expectations. Adjusted earnings of 13 cents per share are in line with consensus estimates per LSEG. Palantir reported revenue of $884 million, surpassing analysts’ forecast of $863 million. Vertex Pharmaceuticals – Biotechnology inventory fell 2% in disappointing quarter results. Adjusted revenues have gone below $4.06 per share forecast by analysts surveyed by LSEG. It also missed analyst estimates at $2.77 billion in revenues at $2.85 billion. Mattel – Toymaker’s shares fell 2.5% after management suspended full-year guidance for 2025 due to tariff uncertainty. Meanwhile, the results for the first quarter surpassed analyst estimates. Neurocrine Biosciences – The manufacturer of neurodrugs jumped 11% after the sale of the market after achieving first quarter revenues, earnings of $572.6 million from analysts surveyed by FactSet. Ingrezza, which is used to treat motor disorders, saw sales increase by 8% year-on-year to $545 million. Lattice Semiconductors – Chip stock fell 3.8% after both quarter revenue and revenues were in line with consensus estimates. The lattice was directed towards current quarterly revenues of between $118.5 million and $128.5 million, but analysts voted by LSEG expected $123.6 million. Adjusted revenue is estimated to range from 22 to 26 cents per share, compared to analysts looking for 24 cents per share. HIMS & HERS HEALTH – Telehealth Company has dropped by 1%. The second quarter revenue guidance was lighter than expected, ranging from $530 to $550 million, but analysts voted by FactSet asked for $564.6 million. However, first quarter revenue and revenue exceeded street expectations. Ford Motor – F-Series Pickup Truck manufacturers fell 2.7% after opening hours in their first quarter results showing revenue excluding items. According to Factset, interest and taxes, or EBIT, plummeted from $2.76 billion a year ago to $1.02 billion. Ford estimated that the net cost of the 2025 EBIT tariff increase was around $1.5 billion and it retracted forward guidance. CLOROX – Stock in cleaning product manufacturers fell 2.8%. Clorox recorded adjusted earnings of $1.45 per share against revenues of $1.67 billion in the third quarter. This was not appealing Analyst’s revenue of $1.57 per share, and $1.73 billion per LSEG. Diamondback Energy – Energy stock rose almost 1% after reporting results that exceeded expectations. Diamondback won $4.54 per share in the first quarter, excluding items, surpassing the Factset consensus estimate at $4.18 per share. Cash capital expenditures of $942 million for the current period were lower than Wall Street’s forecast of $952.8 million. – CNBC’s Darla Mercado and Scott Schnipper contributed the report.
