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Take a look at the companies making headlines after the bell: PPG Industries – Shares of the paint and coatings firm fell 1% after PPG Industries issued guidance for first-quarter earnings that missed analysts’ expectations, according to FactSet. remained less than. The low end of PPG’s range for full-year earnings guidance was also well below what analysts were asking for. On the other hand, the company’s earnings and revenue in the fourth quarter of 2023 remained above analysts’ estimates. Super Micro Computer – Shares of the information technology firm rose 6% after Super Micro Computer reported preliminary second-quarter adjusted earnings between $5.40 and $5.55 per share, higher than its previous guidance of between $4.40 and $4.88 per share. . Super Micro also reported preliminary revenue of $3.6 billion to $3.65 billion, up from its prior guidance of $2.7 billion to $2.9 billion. J.B. Hunt Transport Services – Shares rose 3% after the freight company posted mixed fourth-quarter results. J.B. Hunt reported earnings of $1.47 per share, missing the $1.75 expected by analysts surveyed by LSEG. However, J.B. Hunt’s revenue of $3.30 billion exceeded analysts’ expectations of $3.28 billion. Wendy’s Co. — The fast-food restaurant jumped 1% in after-hours trading after the company named PepsiCo executive Kirk Tanner as its new CEO. He replaces Todd Penegor, who has led the company since 2016. The C-suite shakeup comes as Wendy’s grapples with pressure from activist investor Blackwells Capital. iRobot – The Roomba maker fell more than 30%. The European Union’s antitrust watchdog is expected to block Amazon’s acquisition of iRobot, the Wall Street Journal reported late Thursday.
