Group 1 - Netflix is set to release its third-quarter earnings results on October 21, with expected earnings of $6.97 per share, an increase from $5.40 per share in the same period last year [1] - The consensus estimate for Netflix's quarterly revenue is $11.51 billion, compared to $9.82 billion a year earlier, marking a significant growth [1] - The company has consistently beaten analyst revenue estimates for eight consecutive quarters [1] Group 2 - Netflix shares increased by 3.3%, closing at $1,238.56 on Monday [2] - Recent analyst ratings show a mix of upgrades and maintained ratings, indicating positive sentiment towards the stock [4] - Seaport Global analyst upgraded the stock from Neutral to Buy with a price target of $1,385, while Citigroup maintained a Neutral rating but raised the price target from $1,280 to $1,295 [4]
Netflix Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call - Netflix (NASDAQ:NFLX)