Let’s check out the companies that are becoming a hot topic for after-hours trading. Ford Motor — Shares rose 6% after the company reported better-than-expected second-quarter adjusted earnings and raised its 2026 profit outlook. However, the company’s car sales were slightly below the expectations of analysts surveyed by LSEG. CoStar — Real estate market stocks fell 12% after second-quarter earnings fell short of analysts’ expectations as tracked by FactSet. Koster also told investors that he expects revenue for the quarter to be between $935 million and $945 million, below the consensus estimate of $967.5 million. Rocky Brands — The apparel maker soared 16% after announcing second-quarter earnings per share excluding items more than tripled from the same period last year. The Ohio-based company said several brands had strong double-digit growth rates, supported by tariff rebates. Mondelez – The maker of Sour Patch Kids and Oreo cookies rose 1%. Mondelez’s second-quarter profit was $9.36 billion, or 73 cents per share. Analysts polled by LSEG had expected 68 cents per share, or $9.2 billion. Adjusted gross margin of 34% also beat StreetAccount’s consensus call of 32.8%. Varonis Systems – The data security company’s stock fell 8% after its current quarter outlook missed Wall Street’s expectations. Varonis expects third-quarter adjusted earnings to be in the range of 2 cents to 3 cents per share, compared to the FactSet consensus of 2 cents per share. Revenue is expected to be between $185 million and $188 million, while analysts were looking for $186.1 million. PPG Industries – The paint and glass maker fell 4% after second-quarter earnings per share and adjusted EBITDA fell short of Wall Street analysts’ expectations. However, PPG reaffirmed its full-year earnings per share outlook. KLA Corp – The wafer fabrication equipment maker fell 9% after the company issued disappointing guidance. KLA expects first-quarter adjusted earnings of $1.16 per share, plus or minus 10 cents, compared to LSEG’s estimate of $1.14 per share. Revenue is expected to be about $4 billion plus or minus $200 million, compared to the Street’s forecast of $3.92 billion. Seagate Technology – The data storage company’s stock rose 8% after Seagate announced forecasts that beat analysts’ expectations. Seagate expects first-quarter adjusted earnings to be around $7.30 per share, compared with analysts’ expectations of $5.80 per share, according to LSEG. Sales are expected to be about $4.1 billion, compared to the expected $3.75 billion. In line with this, Western Digital’s stock price rose 4%. Manhattan Associates – The supply chain software provider rose 7% after second-quarter earnings and revenue beat analyst estimates. Manhattan Associates also raised its full-year profit and sales forecasts. Visa – Payment technology stocks fell nearly 2% after Visa’s fiscal year 2026 guidance overwhelmed the market. The company reaffirmed its mid-teens earnings per share growth rate in adjusted nominal dollars, roughly in line with the FactSet consensus estimate of 14.7%. On the same day, the company announced that it would cut approximately 2,600 jobs, or approximately 7% of its workforce. Teradyne – The semiconductor test equipment maker soared 14% post-market. Adjusted earnings and sales for the second quarter and earnings and sales estimates for the third quarter both exceeded street expectations, according to FactSet data. NXP Semiconductors – Semiconductor product designer lost 5%. Non-GAAP gross margin for the quarter was 58.0%, in line with Street expectations. NXP expects third-quarter adjusted earnings to be in the range of $3.89 to $4.32 per share, compared to LSEG’s forecast of $3.98 per share. Skyworks Solutions – The semiconductor maker fell 10% as its third-quarter adjusted profit margin was slightly lower than analysts expected, coming in at 44.9% versus 45.0% expected. Fourth-quarter adjusted EPS is expected to be $1.27 per share, compared to the LSEG consensus of $1.28 per share. — CNBC’s Darla Mercado and Scott Schnipper contributed reporting.
