After‑Hours Stock Movers Overview
Smith & Wesson Brands (ticker SWBI) posted fourth‑quarter earnings per share of $0.36, beating Wall Street estimates by $0.15, while revenue reached $178.4 million, comfortably above consensus forecasts. The strong results propelled the stock up 15% in after‑hours trading.
Safe Bulkers Ltd. (ticker SB) reported first‑quarter earnings per share of $0.18 and revenue of $74.4 million, both surpassing analyst expectations. The earnings beat lifted the share price by 4.5% in after‑hours trading.
Logistic Properties of the Americas (NYSE American: LPA) announced the sale of its Peruvian logistics park to FIBRA Prime for $145.0 million. The transaction generated net proceeds of $85 million, which the company intends to use to fund a pipeline of expansion projects in Mexico. The news sent the stock soaring 70% and validated a portfolio book value of roughly $8.00 per share.
Steel Dynamics, Inc. (ticker STLD) issued second‑quarter earnings guidance of $3.51 to $3.55 per share, representing a sequential improvement but falling short of the Wall Street consensus estimate of $4.16 per share. The guidance shortfall caused the stock to dip about 1% after hours.
SpaceX (ticker SPCX), newly public, experienced a modest after‑hours rebound of 1% after earlier in the day its shares had closed the regular session down 4.95%, marking its first down session as a public company.