5 Stocks Shaken By Earnings In Tuesday's After-Hours Session

U.S. stock markets closed up, as losses in the energy and materials sectors weren't enough to counter gains in health care and consumer stocks.

After the market closed, Walt Disney Co DIS, Yelp Inc YELP, Fossil Group Inc FOSL, Jazz Pharmaceuticals plc - Ordinary Shares JAZZ and SunPower Corporation SPWR reported quarterly results.

Disney posted Q3 EPS $1.62, $0.01 above the Street’s consensus, on revenue of $14.277 billion, also above estimates for $14.15 billion. The company also announced it had acquired a 33 percent stake in BAMTech, a video streaming business, for $1 billion. Shares were down 1.22 percent in after-hours trading.

Ahares of Yelp gained more than 10.3 percent after reporting revenue of $173.4 million, which beat estimates of $169.8 million. EPS of $0.16, however, may not be comparable to the Street’s consensus for a net loss of $(0.07) per share. For the third quarter, management expects adjusted EBITDA in the $24 million to $28 million range, on sales of $180 million to $184 million, above the Street’s consensus of $179.6 million.

Also moving on their earnings reports were:

• Fossil Group, up 2.6 percent, after a top and bottom line beat.
• Jazz, down 0.47 percent after missing earnings estimates and cutting guidance.
• SunPower, down a whooping 27.47 percent on a weak forecast, low earnings metrics and plans to cut its workforce.