Check out which companies are making headlines after the bell on Wednesday:
Shares of Tesla soared more than 4 percent after the company reported quarterly earnings, surprising analysts who were expecting a loss. The automaker posted a quarterly profit of 71 cents per share, compared with estimates of a loss of 54 cents per share. Tesla also beat on its top line, reporting $2.3 billion in revenue, compared to expectations of $1.98 billion.
Groupon saw its stock drop 9 percent after reporting a loss of 1 cent per share on revenues of $720 million. The company met Wall Street's EPS estimates and beat on revenue where analysts had forecast $710 in revenue. The company also announced it would acquire LivingSocial for an undisclosed amount.
Cheesecake Factory's stock jumped more than 8 percent after a positive earnings report. The company posted quarterly earnings of 70 cents per share, beating estimates of 61 cents a share. Its revenues of $560 million also beat top-line estimates of $556 million.
The chain reported a 1.7 percent increase in comparable restaurant sales, beating estimates of a 0.8 percent increase. The company also said it outpaced the casual dining industry during the third quarter and plans to open another three restaurants during the remainder of the fourth quarter.
Buffalo Wild Wings shares jumped more than 2 percent after the bell. The restaurant chain had a mixed earnings report, beating earnings per share estimates, but missing on revenue expectations. The restaurant chain reported EPS of $1.23, narrowly beating consensus estimates of $1.22. It reported revenues of $494 million, missing estimates of $502 million.
Same-store sales decreased 1.8 percent at company-owned restaurants and fell 1.6 percent at franchised locations. However, total revenue and company-owned restaurant sales increased by 8.5 percent and 9 percent, respectively, year over year.