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Market Impact: 0.35

Netflix Forecasts Second Consecutive Quarter of Slowing Growth

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Corporate EarningsAnalyst EstimatesCompany FundamentalsCorporate Guidance & Outlook
Netflix Forecasts Second Consecutive Quarter of Slowing Growth

Netflix guided current-quarter revenue to $12.9B and EPS of $0.82, both slightly below analysts’ expectations. Its Q2 results were roughly in line with consensus. Overall, the cautious forward outlook versus estimates is the key negative datapoint for near-term sentiment.

Analysis

Netflix guided current-quarter revenue to $12.9B and EPS of $0.82, both slightly below analysts’ expectations. Its Q2 results were roughly in line with consensus. Overall, the cautious forward outlook versus estimates is the key negative datapoint for near-term sentiment.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.25

Ticker Sentiment

NFLX-0.20