Major U.S. equities indexes slid Wednesday afternoon after a flurry of weaker-than-expected earnings reports. The Dow, S&P 500, and Nasdaq all declined.
Netflix Inc (NASDAQ:NFLX, ETR:NFC)'s third quarter earnings report prompted a mixed but optimistic response from Wall Street analysts, who believe the company's long-term outlook remains intact despite near-term uncertainty. While results and guidance were broadly in line with expectations, analysts at Jefferies, Wedbush, and UBS highlighted margin expansion and rapid growth in advertising as e...
Netflix is a "Buy" after Q3 sell-off, as non-recurring Brazil tax and FX issues overshadow strong fundamentals and upgraded guidance. NFLX raised full-year guidance, reported record engagement, and continues to expand its content and advertising strategies for sustained long-term growth. Valuation is not cheap, but projected 13%+ revenue and 20%+ EPS growth support a 20% upside with a $1,380 pr...
Netflix missed Wall Street's third-quarter earnings targets because of an unexpected expense from a dispute with Brazilian tax authorities, while it offered a forecast a touch ahead of Wall Street projections for the rest of the year.
Magnificent Seven stock Netflix Inc (NASDAQ:NFLX) is down 9.8% to trade at $1,120.59 this morning, after the company posted adjusted third-quarter earnings of $5.87 per share on $11.5 billion in revenue, the former of which missed estimates.
StocksGuide is the ultimate tool for easily finding, analyzing and tracking stocks. Learn from successful investors and make informed investment decisions. We empower you to become a confident, independent investor.