Market Insider

After-hours buzz: TSLA, SQ, JACK, LB & more


Traders work on the floor of the New York Stock Exchange (NYSE) on the first day of trading after Donald Trump was sworn in as president on January 23, 2017 in New York City.
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Check out which stocks are making moves after the bell.

Shares of Square jumped 8 percent in extended trading Wednesday after the company reported a loss of 4 cents per share, while a loss of 9 cents per share was expected by Wall Street. The electronic payment services company exceeded revenue estimates with $452 million reported for the fourth quarter. The Street expected revenue of $450 million, according to Thomson Reuters consensus estimates.

Jack in the Box shares dropped 10 percent after the company missed earnings expectations. Analyst expected earnings of $1.25 per share, but the fast food company reported earnings of $1.18 for the fourth quarter. Revenue was also a miss at $488 million, analyst expected $500 million in revenue, according to Thomson Reuters consensus estimates.

Shares of L Brands tumbled 13 percent after the company had a mixed earnings report. The retailer beat earnings estimates with $2.03 per share reported, versus $1.90 per share projected by analysts. Revenue was a miss for the company. It reported $4.49 billion while analysts expected $4.51 billion, according to Thomson Reuters consensus estimates. The company also gave weak guidance for first-quarter earnings. L Brands is expecting a range of 20 to 25 cents per share while analysts projected 49 cents per share.

Tesla shares popped 3 percent higher after the company reported a loss of 69 cents per share, while a loss of 43 cents per share was expected. The technology company beat on revenue with $2.28 billion reported, versus $2.18 billion expected by analysts, according to Thomson Reuters consensus estimates.