Netflix Earnings, Revenue Beat in Q4

This post was originally published on this site
© Reuters. Netflix Earnings, Revenue Beat in Q4© Reuters. Netflix Earnings, Revenue Beat in Q4 – Netflix (NASDAQ:) reported on Tuesday fourth quarter that beat analysts’ forecasts and revenue that topped expectations.

Netflix announced earnings per share of $1.3 on revenue of $5.47B. Analysts polled by forecast EPS of $0.52 on revenue of $5.45B. That was in comparison with EPS of $0.3 on revenue of $4.19B in the same quarter a year before.Netflix had announced EPS of $1.47 on revenue of $5.24B in the previous quarter.Analysts are forecasting EPS of $1.21 and revenue of $5.76B in the next quarter.

Netflix stock’s are up 4.58% since the start of the year and is trading at $338.40 , still down 12.33% from its 52 week high of $385.99 set on May 1, 2019.

Netflix follows other major Services sector earnings this month

Netflix’s report follows an earnings missed by Walgreens Boots on January 8, who reported EPS of $1.37 on revenue of $34.34B, compared with expected EPS of $1.41 on revenue of $34.58B.

TAL Education had missed expectations on Tuesday with fourth quarter EPS of $0.05 on revenue of $862.36M, was in comparison with forecast for EPS of $0.12 on revenue of $836.98M.

Stay up-to-date on all of the upcoming earnings reports by visiting’s earnings calendar

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Add Comment