Stocks making the biggest moves after hours: Cisco, Jack in the Box, Cerebras, StubHub & more
After-hours movers included Jack in the Box, Red Robin, Coherent, Cerebras Systems, StubHub and Cisco. Jack in the Box rose after fiscal Q3 EPS of 96 cents beat 88 cents. Red Robin gained on Q2 EPS of 12 cents and revenue of $277.6M. Cerebras fell on Q2 revenue $180M vs $194M. StubHub dropped over 15% on margin below consensus. Cisco fell 3% on Q4 margin 66.3%.
How this was made

The 30-second read
Why it matters
Each named stock’s after-hours move is attributed to a specific earnings or margin/revenue comparison, implying near-term estimate revisions and sentiment-driven volatility.
Market read
Traders can use the after-hours earnings metric deltas versus consensus to anticipate premarket estimate changes and next-session volatility.
What to watch
The excerpt omits full guidance ranges, cash flow, and segment details; those could materially change how traders interpret the margin and revenue comparisons.
Background
This is a multi-company after-hours movers wrap driven by earnings and related metrics (EPS, revenue, gross margin) versus consensus.
Ticker impact
Jack in the Box gained more than 1% after-hours on fiscal third-quarter EPS of 96 cents vs 88 cents estimate.
Likely continued volatility and upward bias in the next session as analysts update estimates.
The article cites a specific EPS beat and links it directly to the after-hours move, but provides no guidance details beyond the beat.
Red Robin shares rose nearly 2% after posting Q2 EPS of 12 cents (ex-items) and revenue of $277.6M vs $265.8M expected.
Moderate chance of follow-through higher if premarket sentiment remains constructive.
The text provides concrete beat figures and ties them to the after-hours move, but lacks forward guidance specifics.
Coherent fell almost 3% in extended trading as adjusted gross margin for Q4 was roughly in line at 40.2% vs 40% estimate.
Near-term direction may hinge on whether investors prioritize margin quality over the beat in guidance.
The article includes both a margin miss-by-in-line and better guidance, creating conflicting signals without enough detail on the guidance magnitude.
StubHub dropped more than 15% after Q2 adjusted gross margin of 82.2% fell short of 84.3% consensus, despite reaffirming full-year outlook.
High likelihood of continued weakness as traders focus on margin trajectory and potential revisions.
The article ties the large move to a specific margin shortfall, but does not quantify how outlook compares to expectations.
Cisco shares fell 3% after-hours as Q4 adjusted gross margin narrowly beat estimates at 66.3% vs 66% consensus.
Bias to choppy-to-lower trading near term until more details (guidance, demand, costs) are digested.
The article provides only a narrow margin comparison and no other earnings or guidance details, limiting conviction.
Market effects
Restaurant and consumer discretionary names show earnings sensitivity, while software/tech hardware and marketplaces react to margin quality.
Primarily US after-hours sentiment spillover into the next regular session.
Limited, as the catalysts are company-specific earnings and margin/revenue outcomes.
Counterpoint
Some declines (e.g., Coherent) may be overreacting if guidance strength offsets margin concerns, while reaffirmed outlook (StubHub) could reduce downside risk beyond the initial margin shock.
Key entities
- companyJack in the Box
Fiscal third-quarter EPS beat (96 cents vs 88 cents estimate) drove a >1% after-hours gain.
- companyRed Robin Gourmet Burgers
Q2 EPS and revenue beats supported nearly a 2% after-hours rise.
- companyCoherent
Q4 adjusted gross margin was roughly in line (40.2% vs 40% estimate) while guidance surpassed expectations, yet shares fell ~3%.
- companyCerebras Systems
Q2 revenue miss ($180M vs $194M consensus) triggered a ~14% after-hours drop.
- companyStubHub
Q2 adjusted gross margin missed consensus (82.2% vs 84.3%) and shares fell >15%, despite reaffirming full-year outlook.

