In the latest after-hours trading, several notable companies experienced significant share price movements following their earnings announcements. Vertex Pharmaceuticals reported adjusted earnings of $3.98 per share, falling short of analysts' expectations of $4.03 per share. Meanwhile, Lattice Semiconductor saw its shares soar approximately 12% after surpassing revenue estimates for the fourth quarter and providing optimistic guidance for the first quarter that exceeded market forecasts.
Astera Labs emerged as another key player, posting adjusted earnings of 37 cents per share with a revenue of $141 million. The company's shares gained nearly 2% after beating both top- and bottom-line forecasts. Astera's quarterly revenue of $2.91 billion surpassed the predicted $2.78 billion, contributing to the positive sentiment around its stock performance.
Conversely, Coty faced challenges as its fiscal second-quarter results did not meet Wall Street's expectations. The company reported adjusted earnings of 11 cents per share, significantly below the anticipated 21 cents per share as forecasted by analysts polled by LSEG. Additionally, Coty anticipates foreign-exchange headwinds to impact its reported sales in the latter half of 2025, which could further influence investor sentiment.
CoreCivic experienced a downward trend with a 4% decline in its share price. The company issued full-year earnings guidance ranging between 48 cents and 61 cents per share, which fell short of the analysts' consensus of 82 cents per share. This discrepancy has raised concerns among investors regarding CoreCivic's future financial performance.