Netflix (NFLX) Q4 Earnings and Revenues Beat Estimates

Earnings Performance - Netflix reported quarterly earnings of $4 27 per share, beating the Zacks Consensus Estimate of$ 4 20 per share, representing a 1 67% earnings surprise [1] - This compares to earnings of $2 11 per share a year ago, showing significant year-over-year growth [1] - The company has surpassed consensus EPS estimates in each of the last four quarters [2] Revenue Performance - Netflix posted revenues of$ 10 25 billion for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 1 29% [2] - This represents a significant increase from year-ago revenues of $8 83 billion [2] - The company has topped consensus revenue estimates in each of the last four quarters [2] Stock Performance and Market Comparison - Netflix shares have lost about 3 7% since the beginning of the year, underperforming the S&P 500's gain of 2% [3] - The stock's immediate price movement will depend on management's commentary during the earnings call [3] Future Outlook and Earnings Estimates - The current consensus EPS estimate is$ 5 96 on $10 5 billion in revenues for the coming quarter [7] - For the current fiscal year, the consensus EPS estimate is$ 23 38 on $43 44 billion in revenues [7] - The estimate revisions trend for Netflix is mixed, resulting in a Zacks Rank 3 (Hold) [6] Industry Context - Netflix belongs to the Zacks Broadcast Radio and Television industry, which is currently in the top 16% of Zacks industries [8] - The top 50% of Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1 [8] Peer Performance - Fox (FOXA), another company in the same industry, is expected to report quarterly earnings of$ 0 64 per share, representing a year-over-year change of +88 2% [9] - Fox's revenues are expected to be $4 89 billion, up 15 4% from the year-ago quarter [9]