Netflix stock surges after earnings, subscriber growth top estimates

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 73 sec. here
  • 8 min. at publisher
  • 📊 Quality Score:
  • News: 49%
  • Publisher: 63%

Netflix News

Revenue Estimates,Consensus Estimates,Bloomberg Consensus Estimates

Netflix stock is rising after the streaming giant beat third quarter EPS and revenue estimates. Here's what to know.

) stock jumped more than 10% higher on Friday, pushing shares to a fresh record of around $760, after the streaming giant beat third quarter EPS and revenue estimates, and projected sales for the current quarter that came in ahead of Wall Street's expectations.

For full-year 2025, the company sees revenue hitting between $43 billion and $44 billion, compared to consensus estimates of $43.4 billion. This would represent growth of 11% to 13% from the company's expected 2024 revenue guidance of $38.9 billion. Subscribers also came in strong with another 5 million-plus subscribers added on the heels of breakout programming like "The Perfect Couple" and "Nobody Wants This.""We expect paid net additions to be higher in Q4 than in Q3’24 due to normal seasonality and a strong content slate," the company said, citing upcoming releases like "Squid Game" Season 2, the Jake Paul vs. Mike Tyson fight, andand live events.

Leading up to the results, Netflix's stock had been on a tear, with shares up around 45% since the start of the year and We came across a bullish thesis on Tredegar Corporation on ValueInvesting subreddit page by Friendly-Excuse400. In this article, we will summarize the bulls’ thesis on TG. Tredegar Corporation share was trading at $8 as of Oct 17th. TG’s trailing P/E was 7.30 according to Yahoo Finance.

Instead of "Canon in D," Bride Stonas Roman walked down the aisle to her groom's favorite movie soundtrack, the theme from 'Jurassic Park'"My dad and I don't talk that much about acting," said the actor, 32, who added, "It's important for me to find my way"

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:

 /  🏆 47. in SG
 

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

Singapore Singapore Latest News, Singapore Singapore Headlines

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

Netflix earnings, subscriber growth top estimates as investors eye potential price hikesNetflix stock is rising after the streaming giant beat third quarter EPS and revenue estimates. Here's what to know.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: Nasdaq, S&P 500 step higher as Netflix jumps after earnings beatThe major gauges are on track for a sixth weekly win in a row after a strong start to earnings season.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Nasdaq pops, Netflix stock soaring on Q3 earnings resultsThe Nasdaq Composite (^IXIC) pops at the start of Friday's session, shooting 0.5% higher while the Dow Jones Industrial Average (^DJI) falls into negative...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: Nasdaq, S&P 500 futures step higher as Netflix jumps after earnings beatThe major gauges are on track for a sixth weekly win in a row after a strong start to earnings season.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »