Check out the companies making headlines in extended trading. Leggett & Platt — The manufacturer of bedding products surged about 17% after reaffirming full-year guidance. Management said the company should benefit overall from President Donald Trump’s tariff plans, but cautioned that the levies can hurt consumer confidence and discretionary demand for products, while also pushing up inflation. Welltower — The health care-focused real estate stock popped 1.6% after revenue for the first quarter beat expectations. Welltower recorded $2.42 billion for the quarter, while analysts polled by FactSet estimated $2.34 billion. The company also raised its expectations for funds from operations for the full year. Woodward — The aerospace parts maker jumped 4.6% on a strong report for the fiscal second quarter. Woodward earned $1.69 per share, excluding items, on $884 million in revenue. Analysts penciled in $1.46 per share in earnings and revenue of $835 million, per LSEG. Universal Health Services — The health-care facility operator shed 2.3% after recording $4.10 billion in first-quarter revenue, while analysts polled by LSEG forecast $4.16 billion. On the other hand, the company earned $4.84 per share, excluding items, beating the Street’s prediction of $4.35 per share. NXP Semiconductors — Shares of the chip stock tumbled 7.5%. Despite NXP beating analysts’ expectations on both lines in the first quarter, the company announced that Rafael Sotomayor will replace Kurt Sievers as CEO. Cadence Design Systems — The electronics design stock slid 1.3%. Cadence earned $1.57 per share, excluding items, in the first quarter, topping the LSEG consensus estimate of $1.49 per share. However, the company’s quarterly earnings came in line with the Street’s expectations for $1.24 billion. F5 — The cloud stock rose nearly 2% after earnings for the second fiscal quarter exceeded the Street’s projections. F5 earned $3.42 per share, excluding items, on $731 million in revenue, while analysts had penciled in $3.10 in earnings per share and $719 million in revenue.
