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Netflix Beats on Earnings, but Misses on the Forecast, Sending Shares Lower
Posted
April 16, 2026
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6:46
2:50Now PlayingDavid Joyce, Seaport Research Partners senior analyst, says Netflix's full-year forecast reinforces that the company is still a growth stock, despite giving a forecast for the second quarter that fell short of analysts expectations. He speaks on "Bloomberg The Close."
Earnings per share for the quarter were $1.23 compared with estimates of 76 cents.
Netflix forecast earnings per share of 78 cents, less than the 84 cents predicted by Wall Street analysts.
Netflix Co-Founder Reed Hastings to Leave Board in June
#tech #stockmarket #earning #netflix
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