• Company News: Netflix (NFLX) quarterly earnings beat analysts’ expectations

Notícias do Mercado

17 outubro 2019

Company News: Netflix (NFLX) quarterly earnings beat analysts’ expectations

Netflix (NFLX) reported Q3 FY 2019 earnings of $1.09 per share (versus $0.89 in Q3 FY 2018), beating analysts’ consensus estimate of $1.05.

The company’s quarterly revenues amounted to $5.245 bln (+31.2% y/y), generally in line with analysts’ consensus estimate of $5.248 bln.

The company also issued downside guidance for Q4 FY 2019, projecting EPS of $0.51 versus analysts’ consensus estimate of $0.85 and revenues of $5.442 bln versus analysts’ consensus estimate of $5.51 bln.

NFLX rose to $309.40 (+8.08%) in pre-market trading.

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