Netflix Sees Q4 2023 Revenue $8.692M Vs $8.77B Est; Sees Q4 2023 EPS $2.15 Vs $2.15 Est
Portfolio Pulse from Benzinga Newsdesk
Netflix has projected its Q4 2023 revenue to be $8.692M, which is lower than the estimated $8.77B. The company's Q4 2023 EPS is expected to be $2.15, in line with estimates.
October 18, 2023 | 8:03 pm
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Netflix's lower than expected Q4 2023 revenue projection could negatively impact its stock price. However, its EPS projection is in line with estimates.
Netflix's projected revenue for Q4 2023 is significantly lower than estimates, which could lead to a negative market reaction and a potential drop in its stock price. However, the company's EPS projection is in line with estimates, which could mitigate some of the negative impact.
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