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Five Stocks Making Moves After Hours: Winners, Losers, and a $7 Billion Surprise

MarketDash Editorial Team
2 days ago
After-hours trading brought drama on Thursday evening, with Greenbrier beating earnings expectations, WD-40 disappointing investors, and General Motors announcing massive charges. Here's what happened and why it matters for Friday's session.

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With U.S. stock futures edging lower Friday morning, several companies grabbed the spotlight in after-hours trading Thursday. Here's what you need to know before the opening bell.

Greenbrier Companies Inc. (GBX) delivered impressive first-quarter results that sailed past analyst expectations. The railcar manufacturer posted earnings of $1.14 per share, crushing estimates of 87 cents per share. Revenue came in at $706.1 million, well ahead of the $626.3 million analysts were expecting, according to market data. Despite the strong performance, Greenbrier shares slipped 0.8% to $52.90 in after-hours trading.

WD-40 Co (WDFC) had a rougher evening, reporting first-quarter results that missed expectations. The household products company saw its shares tumble 9.1% to $185.00 in after-hours trading as investors reacted to the disappointing numbers.

The biggest news came from General Motors Co (GM), which announced it will book approximately $7.1 billion in charges during the fourth quarter. The massive hit stems from electric vehicle impairments alongside China restructuring expenses and legal costs. The automotive giant's shares fell 1.5% to $83.89 in after-hours trading as investors digested the significant write-down.

On the brighter side, Kalvista Pharmaceuticals Inc (KALV) provided preliminary fourth-quarter revenue guidance that energized investors. The biotech company expects global net product revenue for EKTERLY to land between $35 million and $49 million for the quarter. Kalvista shares jumped 14% to $18.04 in after-hours trading on the upbeat preliminary figures.

Aehr Test Systems (AEHR) delivered mixed second-quarter results that left investors underwhelmed. The company reported a quarterly loss of four cents per share, matching consensus estimates. However, revenue of $9.88 million came up short of the $11.59 million analysts were anticipating. Aehr Test shares declined 5.3% to $21.50 in the after-hours session.

These after-hours moves set the stage for what could be an interesting Friday trading session, with investors weighing strong earnings beats against disappointing misses and General Motors' substantial charges.

Back to Stock Market News

Five Stocks Making Moves After Hours: Winners, Losers, and a $7 Billion Surprise

MarketDash Editorial Team
2 days ago
After-hours trading brought drama on Thursday evening, with Greenbrier beating earnings expectations, WD-40 disappointing investors, and General Motors announcing massive charges. Here's what happened and why it matters for Friday's session.

Get Aehr Test Systems Alerts

Weekly insights + SMS alerts

With U.S. stock futures edging lower Friday morning, several companies grabbed the spotlight in after-hours trading Thursday. Here's what you need to know before the opening bell.

Greenbrier Companies Inc. (GBX) delivered impressive first-quarter results that sailed past analyst expectations. The railcar manufacturer posted earnings of $1.14 per share, crushing estimates of 87 cents per share. Revenue came in at $706.1 million, well ahead of the $626.3 million analysts were expecting, according to market data. Despite the strong performance, Greenbrier shares slipped 0.8% to $52.90 in after-hours trading.

WD-40 Co (WDFC) had a rougher evening, reporting first-quarter results that missed expectations. The household products company saw its shares tumble 9.1% to $185.00 in after-hours trading as investors reacted to the disappointing numbers.

The biggest news came from General Motors Co (GM), which announced it will book approximately $7.1 billion in charges during the fourth quarter. The massive hit stems from electric vehicle impairments alongside China restructuring expenses and legal costs. The automotive giant's shares fell 1.5% to $83.89 in after-hours trading as investors digested the significant write-down.

On the brighter side, Kalvista Pharmaceuticals Inc (KALV) provided preliminary fourth-quarter revenue guidance that energized investors. The biotech company expects global net product revenue for EKTERLY to land between $35 million and $49 million for the quarter. Kalvista shares jumped 14% to $18.04 in after-hours trading on the upbeat preliminary figures.

Aehr Test Systems (AEHR) delivered mixed second-quarter results that left investors underwhelmed. The company reported a quarterly loss of four cents per share, matching consensus estimates. However, revenue of $9.88 million came up short of the $11.59 million analysts were anticipating. Aehr Test shares declined 5.3% to $21.50 in the after-hours session.

These after-hours moves set the stage for what could be an interesting Friday trading session, with investors weighing strong earnings beats against disappointing misses and General Motors' substantial charges.