FINWIRES · TerminalLIVE
FINWIRES

Update: Manhattan Associates Shares Rise After Q2 Beat

By

(Updates with the company's latest stock move in the headline and in the first paragraph, analyst upgrade in the seventh paragraph.)

Manhattan Associates (MANH) shares were up 23% in Wednesday trading after the company reported better-than-expected Q2 results late Tuesday.

The company posted quarterly adjusted earnings of $1.39 per diluted share, up from $1.31 a year earlier.

Analysts polled by FactSet expected $1.32.

Revenue for the quarter ended June 30 was $297.8 million, up from $272.4 million a year earlier.

Analysts expected $287.7 million.

For 2026, the company expects adjusted EPS of $5.44 to $5.50 on revenue of $1.16 billion to $1.17 billion. Analysts expected $5.37 on revenue of $1.15 billion.

Additionally, Loop Capital raised its rating on Manhattan Associates' stock to buy from hold and adjusted its price target to $215 from $150.

Price: $206.95, Change: $+38.78, Percent Change: +23.06%

Related Articles

Wire

Orion Q2 Adjusted Earnings Fall, Revenue Rises; Cuts 2026 EPS Guidance

Orion Group (ORN) reported Q2 adjusted earnings late Tuesday of $0.02 per share, down from $0.07 a year earlier.Analysts polled by FactSet expected $0.06.Revenue for the quarter ended June 30 rose to $221.9 million from $205.3 million a year earlier.Analysts expected $225.7 million.The company now expects 2026 adjusted EPS of $0.23 to $0.30, compared with $0.36 to $0.42 earlier. The company continues to see full-year revenue of $900 million to $950 million.Analysts expect $0.39 and $938.9 million, respectively.Shares of Orion were down 8% in after-hours activity.

$ORN
Wire

Rogers Q2 Adjusted Earnings, Revenue Rise

Rogers (ROG) reported Q2 adjusted earnings late Tuesday of $0.92 per diluted share, up from $0.34 a year earlier.Three analysts polled by FactSet expected $0.99.Revenue in the three months ended June 30 rose to $216.8 million from $202.8 million a year earlier.Three analysts surveyed by FactSet expected $215 million.The company expects Q3 adjusted EPS of $1.10 to $1.30 on revenue of $233 million to $243 million.Three analysts expect EPS of $1.03 on revenue of $225.5 million.The company's shares fell 2% in after-hours trading.

$ROG
Wire

Extra Space Storage Q2 Core FFO, Revenue Rise

Extra Space Storage (EXR) reported Q2 core funds from operations late Tuesday of $2.15 per diluted share, up from $2.05 a year earlier.Analysts polled by FactSet expected $2.07.Revenue for the three months ended June 30 rose to $874.2 million from $841.6 million a year earlier.Analysts expected $875 million.The company raised full-year core FFO guidance to $8.25 to $8.40 a share from the prior range of $8.05 to 8.35. Analysts expect $8.29.The company's shares fell 1.5% in after-hours trading.

$EXR