Netflix Sees Q3 EPS $3.52 vs $3.24 Est., Revenue $8.52B vs $8.68B Est.
Portfolio Pulse from Bill Haddad
Netflix has reported its Q3 earnings per share (EPS) at $3.52, which is higher than the estimated $3.24. However, its revenue of $8.52 billion fell short of the estimated $8.68 billion.
July 19, 2023 | 8:01 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Netflix's Q3 EPS exceeded estimates, but its revenue was lower than expected. This mixed result could lead to volatility in the stock's price.
Netflix's EPS beat estimates, which is a positive signal for investors. However, the lower than expected revenue could be a concern, indicating potential issues with growth or profitability. This mixed result could lead to uncertainty and volatility in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100