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Netflix announced earnings per share of $1.57 on revenue of $5.77B. Analysts polled by Investing.com anticipated EPS of $1.63 on revenue of $5.74B. That with comparison to EPS of $0.76 on revenue of $4.52B in the same period a year before. Netflix had reported EPS of $1.3 on revenue of $5.47B in the previous quarter. Analysts are expecting EPS of $1.53 and revenue of $5.95B in the upcoming quarter.
Netflix shares are up 34% from the beginning of the year , still down 3.45% from its 52 week high of $449.50 set on April 16. They are outperforming the Nasdaq 100 which is down 4.54% year to date.
Netflix’s report follows an earnings beat by McDonald’s on January 29, who reported EPS of $1.97 on revenue of $5.35B, compared to forecasts EPS of $1.96 on revenue of $5.31B.
Prologis had beat expectations on Tuesday with first quarter EPS of $0.7 on revenue of $878.81M, compared to forecast for EPS of $0.36 on revenue of $858.89M.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
