After Hours Summary: VFC +21.5%, FFIV +10.8% surging following earnings reports; F -5.1% downshifts following trimmed FY24 EBIT outlook
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: VFC +21.5%, FFIV +10.8% ($1.0 bln repurchase plan), NARI +10.4%, CDP +7.3%, CDNS +6.3%, TREX +6%, CR +5.9%, CWH +5.5%, AGYS +5.4%, UCTT +3.3%, EHC +3.1%, BRX +2.8%, SKY +2.4% (refreshes repurchase plan), WELL +2.2%, KRC +2.1%, LTC +2.1%, WM +2%, BRO +1.6%, AESI +1.2% (increases dividend and authorizes up to $200 mln for repurchases), HLIT +1.1%, KFRC +0.1%, CALX +0.1%, SAFE +0.1%, WES +0.1%
Companies trading higher in after hours in reaction to news: LAC +6.8% (closes $2.26 bln loan), QTRX +1.5% (multi-marker blood test increases number of patients), NMFC +1% (extends stock repurchase program), ACI +0.4% (elects independent Chair), ET +0.3% (increases dividend), ARDX +0.2% (presents results from IBS survey), LMT +0.2% (awarded U.S. Army contract mod), HESM +0.1% (increases dividend), DFH +0.1% (acquires Alliant National Title Insurance Company)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: TMDX -24.9%, CVI -24.1% (suspends dividend), SBAC -12.9%, AMKR -12.1%, BOOT -8.6% (CEO to step down), LEU -7%, FLS -6.5%, F -5.1%, LEG -5%, TRNS -4.6%, CCCS -4.3%, PCH -2.5%, RMBS -2.3%, CSWC -1.6%, ESI -0.7%, REG -0.1%
Companies trading lower in after hours in reaction to news: EYPT -7.1% (stock offering), VERA -4.8% (files mixed shelf), NEE -4.1% (to sell $1.5 bln of equity units), KDP -3.9% (JAB to sell KDP shares), PRCT -3.8% (stock offering), SHYF -1.6% (expands Blue Arc EV network), ROST -1.2% (appoints new CEO), JNJ -0.1% (EC approves expanded use of EDURANT)