Netflix Tumbles After Q3 Earnings Miss. Is This Your Chance to Buy?

JasonDoiy / iStock Unreleased via Getty Images Netflix (NASDAQ:NFLX) shares are tumbling almost 9% at the market open following yesterday's third-quarter earnings report. Although revenue rose 17% year-over-year to $9.8 billion, meeting management’s guidance and Wall Street expectations, earnings of $5.87 per share missed consensus estimates of $5.95 due to a one-time $360 million charge tied to a Brazilian tax dispute. Management emphasized the hit was non-recurring and should not affect long-term perfor ...