After-hours trading highlights earnings-driven moves in Toll Brothers, Keysight and La-Z-Boy

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After-hours earnings highlights

Highlights

Toll Brothers slips 0.3% after Q3 EPS of $2.97 and revenue of $2.65 billion beat estimates, but Q4 deliveries guidance lags consensus.
Keysight Technologies rises 2% with Q3 adjusted EPS of $3.07 and revenue of $1.85 billion, both surpassing analyst forecasts.
La-Z-Boy drops 17% as Q1 adjusted EPS falls 9% to 43 cents, operating income drops 20%, and revenue guidance misses consensus by at least $16.8 million.

Company results shape after-hours trading

As reported by CNBC, several U.S. stocks are making notable after-hours moves as investors react to quarterly earnings and forward guidance.

Toll Brothers slips 0.3% after the luxury homebuilder says it expects fourth-quarter deliveries of 3,450 to 3,550 homes, compared with the StreetAccount consensus estimate of 3,508. The company reports third-quarter earnings of $2.97 per share on revenue of $2.65 billion, ahead of LSEG analyst expectations for $2.93 per share and $2.61 billion in revenue.

Keysight Technologies rises 2% after the electronic test and measurement company posts third-quarter results above expectations on both profit and revenue. Keysight reports adjusted earnings of $3.07 per share, topping the FactSet consensus of $2.48, while revenue of $1.85 billion exceeds the $1.75 billion estimate.

La-Z-Boy drops 17% after the recliner maker posts adjusted first-quarter earnings of 43 cents per share, down 9% from a year earlier. Adjusted operating income falls 20% to $18.7 million, and the company says current-quarter revenue is expected in a range of $500 million to $520 million, below the FactSet consensus of $536.8 million.

Guidance and earnings misses drive broader market reaction

Mercury Systems falls more than 10% even as the defense and aerospace electronics company says revenue for the fiscal year ending June 2027 should approach about $1.1 billion, compared with the FactSet consensus estimate of $1.05 billion. The stock comes under pressure after adjusted fourth-quarter earnings of 37 cents per share miss the consensus call by one cent.

Jack Henry & Associates gains 3% after the financial technology company serving community and regional banks reports fourth-quarter earnings above expectations. The company posts earnings of $1.57 per share on revenue of $644 million, compared with FactSet expectations for $1.47 per share and $631.6 million in revenue.

The after-hours moves show that investor reaction is hinging not only on whether companies beat quarterly estimates, but also on how their outlooks compare with market expectations across multiple sectors.

Our earlier report on the broadening U.S. equity rally explained that the secular bull market appears intact even as late-summer trading brings some seasonal caution. We noted that leadership has been widening beyond megacap tech, with equal-weighted indexes improving relative to cap-weighted benchmarks and investors rotating toward sub-megacap stocks while keeping an overweight in energy.

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