• Company News: Netflix (NFLX) Q3 earnings beat analysts’ forecast

Notícias do Mercado

17 outubro 2018

Company News: Netflix (NFLX) Q3 earnings beat analysts’ forecast

Netflix (NFLX) reported Q3 FY 2018 earnings of $0.89 per share (versus $0.29 in Q3 FY 2017), beating analysts' consensus estimate of $0.68.

The company's quarterly revenues amounted to $3.999 bln (+34.0% y/y), generally in-line with analysts' consensus estimate of $3.993 bln.

It also reported 6.96 million net subscriber additions for the third quarter versus 5 million guidance.

Netflix issued guidance for Q4, projecting EPS of $0.23 (versus analysts' consensus estimate of $0.49) and revenues of $4.20 bln (versus analysts' consensus estimate of $4.23 bln).

NFLX rose to $385.20 (+11.20%) in pre-market trading.

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