Netflix Q4 Earnings Impress: Buy on Each Dip and Hold for Long Term

Global streaming giant Netflix Inc. (NFLX) reported excellent financial numbers for fourth-quarter 2024. The company reported earnings of $4.27 per share, which beat the Zacks Consensus Estimate by 1.67%. The bottom line jumped 102.4% from the year-ago quarter. Revenues of $10.24 billion increased 16% year over year and beat the consensus mark by 1.29%.NFLX has maintained healthy engagement levels in the fourth quarter, with about two hours of viewing per member per day, indicating strong member retention. ...