Netflix Q3 sales in line with estimates but Q4 revenue guidance slightly misses
FROM THE WIRE · FINANCE.YAHOO.COM
Streaming video giant Netflix (NASDAQ: NFLX) met Wall Street's revenue expectations in Q3 2026, with sales up 11.8% year on year to $12.87 billion. On the other hand, next quarter's revenue guidance of $13.44 billion was less impressive, coming in 0.5% below analysts' estimates.…
Read at the source ↗MARKET IMPACTHIGH✦ News Impact agent estimateTone: expected bearishGuidance below consensus at a mega-cap can weigh on the stock and the streaming sector.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Netflix reported revenue of $12.87 billion, up 11.8% year on year.
- 02Q4 revenue guidance of $13.44 billion is below the $13.51 billion analyst estimate.
- 03Q4 GAAP EPS guidance of $0.67 misses estimates by 7.9%.
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Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets