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Starbucks, Super Micro, Caesars Ent.: After hour movers

Shares of Starbucks (SBUX) are sliding after the bell on Tuesday as the company issued its second quarter report, which saw same-store sales decline by 4% in its second quarter. The company also missed out on revenue expectations for the quarter with $8.56 billion versus an expected $9.13 billion.

Shares of Super Micro Computer (SMCI) are also declining after the bell as the company posted its third quarter report. Revenue narrowly missed expectations with $3.85 billion versus an expected $3.95 billion.

Caesars Entertainment (CZR) shares are down after the bell as the company issued its first quarter report, missing expectations for its first quarter sales, which came in at $2.74 billion versus an expected $2.84 billion. In a statement, CEO Tom Reeg blames unfavorable outcomes from this year's Super Bowl and March Madness season as a drag on the company.

Yahoo Finance Anchors Josh Lipton and Julie Hyman break down the latest developments for these companies.

For more expert insight and the latest market action, click here to watch this full episode.

This post was written by Nicholas Jacobino