Netflix (NFLX) Tops Q3 EPS by 92c; Subs Beat; Guides Lower

Netflix (NASDAQ: NFLX) reported Q3 EPS of $3.10, $0.92 better than the analyst estimate of $2.18. Revenue for the quarter came in at $7.93 billion versus the consensus estimate of $7.85 billion.

The company reported global streaming paid net additions of 2.4 million, versus an expected 1 million.

GUIDANCE:

Netflix sees Q4 2022 EPS of $0.36, versus the consensus of $1.12. Netflix sees Q4 2022 revenue of $7.776 billion, versus the consensus of $7.97 billion. The company sees 4.5 million global streaming paid net additions in the quarter.

For earnings history and earnings-related data on Netflix (NFLX) click here.

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