Stocks making the biggest moves after hours: PLTR, NXPI, KD
Check out the companies making headlines in after-hours trading. Palantir Technologies — Shares of the defense tech company surged 21% after Palantir exceeded estimates on the top and bottom lines for the fourth quarter, and gave better-than-expected guidance for the full year. The company reported adjusted earnings of 14 cents a share while analysts polled by LSEG forecasted 11 cents a share. Revenue came out at $828 million for the period, while analysts called for $776 million. Palantir’s chief executive Alex Karp said much of the company’s growth is due to its use of artificial intelligence. Healthpeak Properties — The real estate investment trust company’s stock jumped about 2% after Healthpeak gave strong quarterly results and increased its quarterly dividend by 1.7%. For the fourth quarter, the company reported adjusted funds from operations of 46 cents per share and revenue of $698 million, while analysts polled by FactSet expected FFO of 45 cents a share on revenue of $689.7 million. Kyndryl Holdings – The IT infrastructure company slipped nearly 2% after fiscal third-quarter revenues came in shy of Wall Street’s expectations. Kyndryl reported $3.74 billion in revenue for the period, while analysts polled by LSEG sought $3.81 billion. Woodward — Shares of the aerospace products manufacturer shed about 2.9% after the company reported lackluster revenue for its fiscal first quarter. Woodward posted $773 million in revenue for the period, while analysts polled by FactSet expected $775.4 million. Woodward’s adjusted earnings of $1.35 per share exceeded analysts’ estimates of $1.18 per share for the first quarter, however. NXP Semiconductors — Shares of the chip company added nearly 2%. In the fourth quarter, NXP Semiconductors reported adjusted earnings of $3.18 per share on revenue of $3.11 billion. The results topped analysts’ estimates of $3.14 per share in earnings and $3.10 billion in revenue, per LSEG. AECOM — Shares of AECOM, an infrastructure consulting company, added 2% on the back of an earnings and revenue beat for the fiscal first quarter. The company reported adjusted earnings of $1.31 per share, while analysts polled by FactSet forecasted earnings of $1.11 per share. Revenue came out at $1.80 billion for the quarterly period, higher than the consensus estimate of $1.78 billion. — CNBC’s Darla Mercado contributed reporting.
