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After-hours buzz: Smith & Wesson, TiVo, Bob Evans & more

Check out which companies are making headlines after the bell Tuesday:

Scott Mlyn | CNBC

Smith & Wesson - The firearm manufacturer beat fiscal third-quarter earnings expectations of 11 cents a share by 9 cents, while revenue totaled $131 million, which was better than the $123 million analysts had projected. The stock rallied as much as 10 percent in extended trading.

TiVo - The DVR provider posted fourth-quarter earnings of 7 cents a share on $92 million in revenue, topping estimates of 4 cents a share and $90 million in revenue. Shares increased more than 5 percent in after-hours trading.

Bob Evans Farms - Shares tanked some 23 percent after the food producer missed revenue and earnings forecasts and noted that it . However, the company said it hired JPMorgan to advise it on potential real-estate transactions.

Target - The retailer's shares edged higher after it announced a new round of job cuts as a part of a $2 billion cost-savings plan.

AeroVironment - The maker of unarmed aircraft systems rose about 2 percent after it reported fiscal third-quarter earnings of 10 cents a share, down from 49 cents a share in the year-earlier period, while revenue fell 1 percent from a year ago.

GameStop - The video game retailer boosted its annual dividend by 9 percent to $1.44 per share. The stock rose modestly in after-hours trading.