After Hours Summary: PD +12.6%, WSM +6.1%, EDR +5.7%, SMTC +4.2%, GES +2.5% higher on earnings; CLB -5.2% falls on weak guidanceAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: PD +12.6%, WSM +6.1% (also announces 10% dividend increase; $1.5 bln share buyback authorization), EDR +5.7%, SMTC +4.2%, BOX +2.9% (provides long-term financial targets; announces new $150 mln share repurchase auth), GES +2.5% (also expands buyback auth by $100 mln; intends to enter into a $175 mln ASR; also CFO is stepping down), LEN +2.1% (also authorizes $2.0 bln for share repurchases), STLD +1.4%, VCSA +0.9%
Companies trading higher in after hours in reaction to news: DFH +1.8% (stock offering), WFC +0.4% (increases prime rate to 3.5% following Fed decision), C +0.3% (raises base rate following Fed decision), JWN +0.3% (reinstates quarterly dividend; approves dividend of $0.19/sh), USB +0.2% (increases prime rate to 3.5% following Fed decision), ABBV +0.2% (FDA approves RINVOQ for moderately to severely active ulcerative colitis)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: CLB -5.2% (guides MarQ below consensus due to COVID-19 and Russia conflict), ZTO -1.7%, BRLT -1.6%
Companies trading lower in after hours in reaction to news: ASPN -7.2% (files mixed securities shelf offering), HLX -4.6% (receives contract extension for decommissioning project in Brazil), SFT -3.6% (files for $300 mln mixed securities shelf offering), NETI -0.2% (signs new contract for wind turbine operation and maintenance), EFC -0.1% (announces estimated book value of $17.85/sh)