Netflix NFLX reported its Q3 earnings results on Tuesday, October 18, 2022 at 04:00 PM.
Here's what investors need to know about the announcement.
Earnings
Netflix beat estimated earnings by 45.54%, reporting an EPS of $3.1 versus an estimate of $2.13.
Revenue was up $443.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.24 which was followed by a 7.35% increase in the share price the next day.
Here's a look at Netflix's past performance:
Quarter | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
---|---|---|---|---|
EPS Estimate | 2.96 | 2.90 | 0.82 | 2.56 |
EPS Actual | 3.20 | 3.53 | 1.33 | 3.19 |
Revenue Estimate | 8.04B | 7.93B | 7.71B | 7.48B |
Revenue Actual | 7.97B | 7.87B | 7.71B | 7.48B |
To track all earnings releases for Netflix visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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