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via finance.yahoo.comMarkets

Netflix stock sinks as revenue forecast falls short of estimates

FROM THE WIRE · FINANCE.YAHOO.COM

Netflix (NFLX) stock fell 5% in after-hours trading on Tuesday as the streaming giant's Q4 revenue outlook came in below Wall Street estimates. The company posted revenue of $12.87 billion in its fiscal third quarter, in line with analyst estimates. Earnings per share came in at…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishFourth-quarter revenue guidance below consensus weighs on the NFLX stock.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Netflix fell about 5% after hours on a fourth-quarter revenue outlook below estimates.
  2. 02Third-quarter revenue was $12.87 billion, in line with analyst estimates.
  3. 03EPS was $0.87, topping estimates of $0.82.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Netflix, Inc.NFLXStock68.69 USDMarket closedtoday -1.66%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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