© 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

Disclaimer: Fusion Media would like to remind you that the information contained on this website is not necessarily real-time or accurate. All CFDs (stocks, indices, futures) and forex prices are not provided by exchanges, but by market makers. Therefore, prices may not be accurate and may differ from the actual market price, which means that prices are indicative and not suitable for trading purposes. Therefore, Fusion Media is not responsible for any trading losses you may incur as a result of using this data.

Fusion Media or any other person involved in Fusion Media assumes no liability for any loss or damage that may arise from reliance on the information contained on this website, including data, prices, charts and buy / sell signals. Please inform yourself comprehensively about the risks and costs associated with trading in the financial markets, as it is one of the riskiest forms of investment.


Subscribe Us to receive our latest news in your inbox!

We don’t spam! Read our privacy policy for more info.


Please enter your comment!
Please enter your name here