© Reuters. Beat Netflix profits, revenue inline in third quarter

Investing.com – Netflix (NASDAQ 🙂 reported third quarter on Tuesday, which beat analysts’ forecasts and sales were in line with expectations.

Netflix announced earnings per share of $ 3.19 on sales of $ 7.48 billion. Analysts polled by Investing.com expected earnings per share of $ 2.57 on sales of $ 7.48 billion.

Netflix stocks are up 18% since the start of the year, still 1.17% from their 52-week high of $ 646.84 on October 7.

Netflix follows results from other key service sectors this month

Netflix’s report follows Prologis’ bottom line on Friday, which posted earnings per share of $ 0.97 on sales of 1.04 billion.

Cintas had exceeded expectations on Sept. 29 with earnings per share of $ 3.11 on revenue of $ 1.9 billion, compared to its forecast of $ 2.76 on revenue of $ 1.76. $ 88 billion.

Stay up to date on all upcoming earnings reports by visiting Investing.com’s Earnings Calendar

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