Netflix Inc. (NFLX) revealed a profit for its fourth quarter that rose from last year.
The company's earnings totaled $0.59 billion, or $1.30 per share. This compares with $0.13 billion, or $0.30 per share, in last year's fourth quarter.
Analysts had expected the company to earn $0.53 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 30.5% to $5.47 billion from $4.19 billion last year.
-Earnings (Q4): $0.59 Bln. vs. $0.13 Bln. last year. -EPS (Q4): $1.30 vs. $0.30 last year. -Analysts Estimate: $0.53 -Revenue (Q4): $5.47 Bln vs. $4.19 Bln last year.
My views is the share will keep rising as the fears were clearly overblown from competitors. But somehow after-market do not t-react to the news yet
Lets see tomorrow to get a better feel from this excellent news !!! BRAVO NETFLIX
The company's earnings totaled $0.59 billion, or $1.30 per share. This compares with $0.13 billion, or $0.30 per share, in last year's fourth quarter.
Analysts had expected the company to earn $0.53 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 30.5% to $5.47 billion from $4.19 billion last year.
-Earnings (Q4): $0.59 Bln. vs. $0.13 Bln. last year. -EPS (Q4): $1.30 vs. $0.30 last year. -Analysts Estimate: $0.53 -Revenue (Q4): $5.47 Bln vs. $4.19 Bln last year.
My views is the share will keep rising as the fears were clearly overblown from competitors. But somehow after-market do not t-react to the news yet
Lets see tomorrow to get a better feel from this excellent news !!! BRAVO NETFLIX
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.