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Is Netflix Stock a Buy Post Q3 Earnings Beat and Raised Guidance?
NFLXNetflix(NFLX) ZACKS·2024-10-22 01:20

Netflix (NFLX) has once again proven its mettle in the streaming wars, delivering a stellar third-quarter 2024 performance that cements its position as the industry leader. The company's impressive earnings beat and raised guidance make it a compelling case for investors looking to capitalize on the growing digital entertainment market.In a knockout quarter, Netflix reported earnings of $5.40 per share, surpassing the Zacks Consensus Estimate by 6.09% and posting a remarkable 44.8% year-over-year increase. ...