Market Overview

7 Stocks Moving In Wednesday's After-Hours Session

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After a tough start to the week, markets closed up on Wednesday, helped by a rebound in crude oil prices and energy stocks, and stronger-than-expected labor market data out of the U.S.

Tesla Motors Inc (NASDAQ: TSLA) was very volatile during the first hour after the bell rang, but settled around $227.50, up about 0.75 percent. The automaker posted an adjusted Q2 net loss of ($1.06) per share, larger than consensus estimates, which called for a loss of ($0.52) per share. Revenues of $1.56 billion also came in short of expectations for $1.62 billion. On the other hand, 14,402 deliveries beat estimates of 14,307 units.

Tripadvisor Inc (NASDAQ: TRIP) plummeted 7.75 percent following its earnings report. Second quarter EPS of $0.38 and revenue of $391 million missed expectations by $0.04 and $11.56 million, respectively.

First Solar, Inc. (NASDAQ: FSLR) was up 0.75 percent in after-hours trading, driven by a top and bottom line beat. Q2 EPS of $0.87 came in $0.32 ahead of expectations, while revenue of $934.38 million, up 4.3 percent year-over-year, beat the Street’s consensus by $71.7 million

Other stocks moving on their earnings reports included:

  • Herbalife Ltd. (NYSE: HLF), up almost 3 percent on a top and bottom line beat and raised guidance.
  • Transocean LTD (NYSE: RIG), up roughly 1.9 percent on a double beat, despite the downturn in the oil industry.
  • Jack in the Box Inc. (NASDAQ: JACK), up 7.4 percent after beating top and bottom line  expectations.
  • Marathon Oil Corporation (NYSE: MRO), down 0.9 percent even though results came in ahead of analysts’ expectations.

Posted-In: Earnings News Guidance After-Hours Center Movers

 

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