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Traders: How to play Tuesday's earnings blast

Multiple high-profile stocks dropped after earnings Tuesday, and "Fast Money" traders assessed their value moving forward.

Shares of Apple, Chipotle Mexican Grill, Twitter and AT&T all fell after results.

Twitter

Twitter shares fell about 12 percent after the social media company missed Wall Street's first-quarter revenue estimates and gave sales guidance that disappointed analysts. Still, trader Guy Adami touted the platform and said Twitter was probably a buy when it was at least $5 per share more expensive.

Trader Dan Nathan contended that the second quarter is "in the tank."

Twitter headquarters in San Francisco
Aaron Durand | Twitter
Twitter headquarters in San Francisco

Chipotle

Restaurant chain Chipotle posted a first-quarter loss of 88 cents per share and said same-store sales dropped 30 percent in the wake of food safety issues. Its shares fell about 4 percent.

Trader Karen Finerman said the stock becomes attractive "at some point" but noted it has not reached those levels, yet. Nathan added that it will likely fall more.

AT&T

AT&T shares dipped slightly after-hours, though the telecom company beat earnings estimates. Adami contended it could dip to $35 per share, down from about $38, where it closed Tuesday.

EBay

EBay shares ticked higher in after-hours trading after the company beat quarterly earnings estimates. However, trader Tim Seymour said he was "neutral" on the stock as he saw a slowdown in eBay's international business.

Disclosures:

Guy Adami

Guy Adami is long CELG, EXAS, GDX, INTC, Guy Adami's wife, Linda Snow, works at Merck.

Karen Finerman

Karen is long BAC, C, FB, FL, GOOG, GOOGL, JPM, LYV, KORS, M, SEDG, SPY puts, URI. Her firm is long ANTM, AAPL, BAC, BOKF, C, C calls, FB, GOOG, GOOGL, JPM, JPM calls, KORS, LYV, M, MOH, NRF, PLCE, SPY puts, URI, her firm is short IWM, MDY. Karen Finerman is on the board of GrafTech International.

Dan Nathan

Dan is long XLF may/ sept put spread. long PFE, long TWTR, long GE May 28 puts, long HYG June puts, long IWM May and September puts, long XHB June put spread, long XLE April/June put spread, FXI Long Aug Puts, SMH Long Aug puts, XLK long Sept put spread. TWTR long Sept risk reversal

Tim Seymour

Tim Seymour is long AAPL, AVP, BAC, BBRY, CLF, DO, EDC, EWZ, F, FCX, FXI, GM, GOOGL, GRMN, GE, GLNCY, INTC, LQD, MCD, MPEL, NKE, RACE, RAI, RL, SINA, T, TWTR, UA, VALE, VZ, XOM. Tim's firm is long BABA, BIDU, CLF, EWZ, F, HD, KO, MCD, MPEL, NKE, PEP, PF, SAVE, SBUX, SINA, VALE, VIAB, WMT, WEN, YHOO, short HYG, IWM, WYNN