Netflix shares fall over 5% after hours on soft current quarter revenue guidance
FROM THE WIRE · FINANCE.YAHOO.COM
Investing.com -- Netflix on Tuesday delivered a quarterly bottom-line beat, but its current quarter revenue guidance missed consensus estimates, sending shares of the company down more than 5% after hours. Still guessing which stocks will beat the market? Our AI portfolio…
Read at the source ↗MARKET IMPACTHIGH✦ News Impact agent estimateTone: expected bearishA mega-cap missing revenue guidance can move the stock significantly and affect the streaming sector.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Netflix beat bottom-line estimates but its current quarter revenue guidance missed consensus.
- 02Shares fell more than 5% after hours.
- 03The stock is down 26.7% year to date versus a 12.7% rise in the S&P 500.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets