Netflix Q3 EPS $3.73, Sales $8.54B Beat $8.53B Estimate
Portfolio Pulse from Benzinga Newsdesk
Netflix reported Q3 earnings of $3.73 per share, beating the analyst consensus estimate of $3.46 by 7.8 percent. This is a 20.32 percent increase from the same period last year. The company also reported quarterly sales of $8.54 billion, beating the analyst consensus estimate of $8.53 billion by 0.12 percent, a 7.77 percent increase from the same period last year.
October 18, 2023 | 8:01 pm
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POSITIVE IMPACT
Netflix's Q3 earnings and sales beat analyst estimates, showing a significant YoY increase. This positive financial performance could boost investor confidence.
Netflix's Q3 earnings and sales exceeded analyst estimates, indicating strong financial performance. This could lead to increased investor confidence and potentially a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100