News Formal

Here's what every major Wall Street analyst said about Netflix's second quarter earnings report

  • 📰 CNBC
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 72%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

New for subscribers: Here's what every major Wall Street analyst said about Netflix's second quarter earnings report Check out CNBCPro for a free trial.

The streaming giant came into the second-quarter results with huge expectations as analysts and clients believed the stay-at-home stock would be a beneficiary of the coronavirus pandemic.

But Neflix provided weaker than expected third-quarter guidance of subscriber additions, sending investors for cover. The company did beat on revenue for the second quarter, but missed on earnings per share leaving some analysts scratching their heads and wondering if the momentum can continue.Here's what analysts are saying about the company's second-quarter earnings report:

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Pro Netflix = commies ☠️🐀☠️

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Wall Street got bullish on these stocks heading into earnings seasonNew for subscribers: Wall Street got bullish on these stocks heading into earnings season Check out CNBCPro for a free trial.
Source: CNBC - 🏆 12. / 72 Read more »