Stocks making the biggest moves after hours: NFLX, TSLA, IBM

Check out the companies making headlines in long-term deals.

Netflix — Shares of the streaming giant plunged more than 5% after it released its quarterly results after the bell on Wednesday. The company said it was too early to assess the impact of the crackdown on its revenue from password-sharing and ad-supported products. Netflix earned $3.29 a share in its latest quarter on revenue of $8.19 billion. Analysts polled by Refinitiv expected earnings of $2.86 a share on revenue of $8.3 billion.

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international business machines corp. — The business services company’s second-quarter earnings report was mixed, and its shares fell 0.7%. The company reported revenue of $15.48 billion, missing Wall Street expectations of $15.58 billion, according to Refinitiv data. IBM reported adjusted earnings of $2.18 per share, beating analysts’ consensus estimate of $2.01 per share.

tesla – Tesla shares traded near the flat line after the second-quarter earnings report. While the company posted record quarterly revenue, operating margins also fell to 9.6%, the lowest level in the past five quarters, thanks to price cuts and incentives.

united airlines — United Airlines rose 2.5 percent after second-quarter profit and revenue topped analysts’ expectations despite disruptions to flights at its Newark, New Jersey, hub. The company reported adjusted earnings per share of $5.03 on total revenue of $14.18 billion. Meanwhile, analysts polled by Refinitiv expected earnings of $4.03 a share on revenue of $13.91 billion. The company also announced a stronger-than-expected forecast for the current quarter. American airlines Shares rose 1.4% on the news.

Zion Bank — Shares in the regional bank rose 7 percent after earnings results topped analysts’ expectations. Zions earned $1.11 a share in the second quarter, compared with analysts’ consensus estimate of $1.08, according to FactSet.

Las Vegas Sands — Shares in the resort developer fell nearly 3 percent. The move came despite a decline in revenue and profits. Las Vegas Sands earned an adjusted 46 cents a share on revenue of $2.54 billion in the second quarter. Analysts polled by Refinitiv expected earnings of 43 cents a share on revenue of $2.39 billion.

explore finance — Shares of the digital banking company tumbled 13% after its second-quarter results fell short of analysts’ expectations. Discover Financial earned $3.54 a share on revenue of $3.88 billion in the second quarter. Analysts had expected earnings of $3.67 a share on revenue of $3.88 billion, according to FactSet. Discover revealed that it was in discussions with the regulator regarding “misclassification of card products”. The company also suspended share buybacks.