Netflix (NFLX) Q1 Earnings Miss Estimates
Netflix (NFLX) came out with quarterly earnings of $1.57 per share, missing the Zacks Consensus Estimate of $1.61 per share. This compares to earnings of $0.76 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of -2.48%. A quarter ago, it was expected that this internet video service would post earnings of $0.52 per share when it actually produced earnings of $1.30, delivering a surprise of 150%.
Over the last four quarters, the company has surpassed consensus EPS estimates three times.
Netflix, which belongs to the Zacks Broadcast Radio and Television industry, posted revenues of $5.77 billion for the quarter ended March 2020, surpassing the Zacks Consensus Estimate by 1.14%. This compares to year-ago revenues of $4.52 billion.
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https://finance.yahoo.com/news/netflix-n...09019.html
Netflix (NFLX) came out with quarterly earnings of $1.57 per share, missing the Zacks Consensus Estimate of $1.61 per share. This compares to earnings of $0.76 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of -2.48%. A quarter ago, it was expected that this internet video service would post earnings of $0.52 per share when it actually produced earnings of $1.30, delivering a surprise of 150%.
Over the last four quarters, the company has surpassed consensus EPS estimates three times.
Netflix, which belongs to the Zacks Broadcast Radio and Television industry, posted revenues of $5.77 billion for the quarter ended March 2020, surpassing the Zacks Consensus Estimate by 1.14%. This compares to year-ago revenues of $4.52 billion.
...
https://finance.yahoo.com/news/netflix-n...09019.html
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