Core Viewpoint - Netflix is expected to report improved earnings and revenue for the fourth quarter, indicating positive financial performance [1] Financial Performance - Analysts predict Netflix will report earnings of 55 cents per share for Q4, an increase from 43 cents per share in the same quarter last year [1] - The consensus estimate for Netflix's quarterly revenue is $11.97 billion, up from $10.25 billion a year earlier [1] - Netflix has exceeded analyst revenue estimates in eight of the last ten quarters [2] Stock Performance - Netflix shares experienced a slight decline of 0.1%, closing at $88.00 [2] Analyst Ratings - Keybanc analyst Justin Patterson maintains an Overweight rating with a reduced price target of $110 [3] - Rosenblatt analyst Barton Crockett holds a Neutral rating with a price target of $105 [3] - Wedbush analyst Alicia Reese has an Outperform rating with a lowered price target of $115 [3] - TD Cowen analyst John Blackledge maintains a Buy rating with a reduced price target of $115 [3] - HSBC analyst Mohammed Khallouf initiated coverage with a Buy rating and a price target of $107 [3]
Netflix Likely To Report Higher Q4 Earnings; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call - Netflix (NASDAQ:NFLX)