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Market Impact: 0.35

Netflix (NFLX) Surpasses Q2 Earnings Estimates

NFLX
Corporate EarningsCompany FundamentalsAnalyst Estimates
Netflix (NFLX) Surpasses Q2 Earnings Estimates

Netflix reported quarterly EPS of $0.80, beating the $0.79 Zacks Consensus by $0.01 and up from $0.72 a year ago. The modest beat suggests slightly better-than-expected profitability, which may support the stock but is unlikely to be a major market catalyst.

Analysis

Netflix reported quarterly EPS of $0.80, beating the $0.79 Zacks Consensus by $0.01 and up from $0.72 a year ago. The modest beat suggests slightly better-than-expected profitability, which may support the stock but is unlikely to be a major market catalyst.

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Market Sentiment

Overall Sentiment

mildly positive

Sentiment Score

0.25

Ticker Sentiment

NFLX0.35