After Hours Summary: SANM +3.8% and BRO +2.9% up modestly on earnings; ELS -6% and GGG -5.5% tick lower following quarterly numbers
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: SBCF +4.2%, SANM +3.8% (also increases buyback plan by $300 mln), BRO +2.9%, WRB +1.6%, NUE +0.6%, GIS +0.6% (also completes sale of its Canadian Yogurt business), WSFS +0.5%, CR +0.5% (also increases dividend)
Companies trading higher in after hours in reaction to news: HESM +3.6% (increases dividend), CLPT +2.9% (FDA clearance for ClearPoint Navigation Software), BWXT +2.1% (contracts of over C$1 bln for two nuclear energy projects), LW +1.6% (JANA Partners sends letter to LW), HWM +1.5% (increases dividend), TLN +1.1% (reach reliability must run settlement agreement), TKC +0.5% (Paycell LLC to be liquidated), ET +0.5% (increases dividend), APLS +0.1% (approval of SYFOVRE), GOOS +0.1% (renews regulatory relief regarding repurchase program), GE +0.1% (awarded $3.5 bln U.S. Air Force contract mod LMT +0.1% (awarded $502 mln U.S. Navy contract), SKYH +0.1% (stock offering)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: SFBS -6.2%, ELS -6%, GGG -5.5%, TRNS -4.9%, WAL -2.2%, AGNC -1.1%, MRTN -0.8%, EG -0.8%, ARE -0.6%
Companies trading lower in after hours in reaction to news: ETNB -2.4% ($250 mln stock offering), BLTE -1.9% (files mixed shelf), WTRG -1.6% (awarded $29 mln in funding to remove PFAS), QMCO -0.7% (stock offering), PSN -0.3% (SealingTech delivers over 500 Cyber-Fly-Away kits), SPXC -0.1% (completes acqusition of Kranze Technology Solutions)