Market Insider

After-hours buzz: DWA, CAR, ETSY & more

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Brendan McDermid | Reuters

Check out the companies making headlines after the bell Tuesday:

DreamWorks Animation's shares rose in extended trading, after the company blew past fourth quarter earnings estimates. The iconic film label behind "Shrek" and "Kung Fu Panda" reported earnings per share of 55 cents, ex-items, on revenues of $319 million, higher than the 16 cents on $274 million expected by Thomson Reuters consensus estimates.

"We believe our strategy of delivering original first-run, family branded content has had a meaningful impact on our brand, company and shareholder value," CEO Jeffrey Katzenberg said in an earnings call.

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Shares of Avis Budget skidded in after hours, when the company reported lower than expected quarterly sales and disappointing earnings guidance. The car rental company reported revenues of $1.9 billion in the latest quarter, just below the $1.92 billion expected by Wall Street. And the company predicted earnings per share of $2.70 to $3.30 for 2016, short of the $3.43 expected by Thomson Reuters consensus.

Shares of competitor Hertz, which reports earnings on March 1, also dipped after the report.

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Online craft marketplace Etsy saw shares pop after the bell, reporting revenues that beat Wall Street's predictions. Etsy reported fourth-quarter revenues of $88 million, edging out the $86 million expected by Thomson Reuters consensus estimates. Though the Internet retailer fell short on EPS estimates, adjusted earnings before interest, taxes, and amortization beat expectations by almost $2 million, according to FactSet.

First Solar's stock drifted higher in extended trading after reporting better-than-expected fourth-quarter earnings and revenues. The company, which makes modules for solar-power plants, posted earnings per share of $1.60 on revenues of $942 million, higher than the 76 cents on $929 million expected by Wall Street.

And Dycom Industries' stock dropped as much as 17 percent after reporting lower-than-expected quarterly earnings. The company, which provides contracting services to telecom and utilities firms, posted adjusted earnings 54 cents per share, falling short of the 57 cents expected by analysts, the Associated Press reported.

— CNBC's Alex Crippen and Mike Newberg and Reuters contributed to this report.