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Compared to Estimates, Netflix (NFLX) Q2 Earnings: A Look at Key Metrics
NetflixNetflix(US:NFLX) ZACKS·2024-07-19 06:31

Netflix (NFLX) reported 9.56billioninrevenueforthequarterendedJune2024,representingayearoveryearincreaseof16.89.56 billion in revenue for the quarter ended June 2024, representing a year-over-year increase of 16.8%. EPS of 4.88 for the same period compares to 3.29ayearago.Thereportedrevenuerepresentsasurpriseof+0.293.29 a year ago.The reported revenue represents a surprise of +0.29% over the Zacks Consensus Estimate of 9.53 billion. With the consensus EPS estimate being $4.70, the EPS surprise was +3.83%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expec ...