Netflix Shrugs Off Disney+

January 22, 2020 ~ Patrick Walsh

Netflix reported 2019 4th Quarter earnings of $1.30 per share on revenue of $5.5 billion. The high range earnings estimate was $0.68 per share on revenue of $5.4 billion. That's a 91% beat on earnings! Shares are down a bit regardless. Revenue guidance was a bit lower than expectations, 1st quarter 2020 expected to be … Continue reading Netflix Shrugs Off Disney+

Netflix Beats

October 17, 2019October 17, 2019 ~ Patrick Walsh

Netflix reported 3rd Quarter earnings of $1.47 per share on revenue of $5.2 billion. The consensus earnings estimate was $1.05 per share on revenue of $5.3 billion. Revenue grew 31.1% on a year-over-year basis. Crushed on earnings, missed on revenue and guided lower. But I think the mood of the street was they were going … Continue reading Netflix Beats

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