Cerebras and StubHub lead after-hours stock moves

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2▲2 ▼4Impact / 5
Summary · why it matters

Several companies saw notable after-hours stock moves following their latest earnings reports. Cerebras Systems tumbled 14% after second-quarter revenue of $180 million missed the $194 million LSEG consensus estimate. StubHub lost more than 15% as adjusted gross margin of 82.2% fell short of the 84.3% StreetAccount consensus, though it reaffirmed its full-year adjusted EBITDA outlook. Jack in the Box gained more than 1% after fiscal third-quarter earnings of 96 cents per share beat the 88-cent FactSet estimate, while Red Robin Gourmet Burgers rose nearly 2% on better-than-expected second-quarter results. Coherent slipped almost 3% despite first-quarter guidance above expectations, and Cisco Systems fell 3% after adjusted gross margin only narrowly beat estimates.

Impact on assets 6

Artificial Intelligence▼ · 2 stocks
Coherent Inc
COHR
▼ NegativeCapitalrelevance

Coherent slipped almost 3% despite first-quarter guidance above expectations, indicating market disappointment.

Consumer Discretionary▲ · 2 stocks
Jack in the Box Inc.
JACK
▲ PositiveCapitalrelevance

Jack in the Box gained more than 1% after fiscal third-quarter earnings beat estimates.

Communication Services▼ · 1 stocks
StubHub Holdings, Inc.
STUB
▼ NegativeCapitalrelevance

StubHub lost more than 15% as adjusted gross margin fell short of consensus, despite reaffirming full-year outlook.

Cybersecurity & Digital Trust▼ · 1 stocks
Cisco Systems Inc
CSCO
▼ NegativeCapitalrelevance

Cisco Systems fell 3% after adjusted gross margin only narrowly beat estimates.