Netflix (NFLX) Q3 Earnings and Revenues Lag Estimates

Netflix (NFLX) came out with quarterly earnings of $5.87 per share, missing the Zacks Consensus Estimate of$ 6.89 per share. This compares to earnings of $5.4 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -14.80%. A quarter ago, it was expected that this internet video service would post earnings of$ 7.07 per share when it actually produced earnings of $7.19, delivering a surprise of +1.7%.Over the last four quarters, the co ...