After-hours buzz: Disney, First Solar, 21st Century Fox & More
Check out which companies are making headlines after the bell Tuesday:
Walt Disney - The media conglomerate posted earnings of $1.03 a share on revenue of $11.58 billion. Analysts expected the company to post earnings of $1.01 a share on sales of $11.64 billion. Shares edged lower in extended-hours trading.
21st Century Fox - The mass media company posted earnings of 31 cents a share, excluding one-time items, on revenue of $7.21 billion, versus estimates for 34 cents a share on revenue of $7.12 billion. Shares edged higher in extended-hours trading.
First Solar - The solar company posted earnings of 39 cents a share, excluding one-time items, on sales of $520 million, sharply missing forecasts for earnings of 52 cents a share on revenue of $721 million. In addition, the company lowered its full-year earnings and revenue guidance. Separately, the firm announced a solar technology partnership with General Electric. Shares plunged in extended-hours trading.
Sotheby's - The auction house posted earnings of $1.33 a share on sales of $305 million, falling short of expectations for $1.37 a share on revenue of $318 million. Shares dipped in extended-hours trading.
Nuance - The computer software company posted earnings of 34 cents a share, excluding one-time items on sales of $491 million, topping earnings of 32 cents a share on revenue of $488 million. Shares edged higher in extended-hours trading.
Live Nation - The entertainment company posted earnings of 30 cents a share on revenue of $1.68 billion, easily beating estimates for 10 cents a share on sales of $1.62 billion. Shares were largely flat in extended-hours trading.
Avis - The car rental company posted quarterly results that were largely in line with Wall Street expectations, but the firm handed in a weaker-than-expected full-year guidance. In addition, the company announced a $200 million buyback program. Shares edged lower in extended-hours trading.
Computer Sciences - The IT services and consulting company posted earnings of 91 cents a share, ex-items, blowing past expectations for 66 cents a share. But revenue was lighter than expected at $3.26 billion, versus projections for $3.56 billion. Shares jumped in extended-hours trading.
CF Industries - The manufacturer and distributor of agricultural fertilizers reported earnings of $8.57 a share, ex-items, on revenue of $1.71 billion, beating forecasts for $7.62 a share on sales of $1.67 billion. Shares climbed in extended-hours trading.
Zillow - The online real estate database reported a loss of 30 cents a share, disappointing analysts who expected a loss of 11 cents a share. The company reported sales of $47 million, edging past estimates for $44 million. Shares declined in extended-hours trading.
Monsanto - The agricultural biotechnology company lifted its quarterly dividend to 43 cents a share from 37.5 cent a share. Shares poked higher in extended-hours trading.
Marathon Oil -The oil company reported earnings of 67 cents a share on revenue of $3.90 billion, exceeding Wall Street estimates for 71 cents a share on sales of $3.84 billion. Shares were unchanged in extended-hours trading.
Finisar - The optical communication components manufacturer said it expects to post first-quarter earnings of between 30 cents a share and 31 cents a share on revenue of $266 million, versus estimates of 24 cents a share on sales of $254 million. The company is slated to post its full results after the closing bell on Sept. 5. Shares were largely flat in extended-hours trading.