2019-10-16
Netflix news headlines: 5 Stocks Moving In Wednesday's After-Hours Session. Netflix Trades Higher After Q3 Earnings Beat, Subscriber Growth. Netflix Says Starting Q4'19 In Jan. 2020 Will Start Reporting Sales Results By Region. Netflix Says There May Be Some Modest Headwind To Near-Term Growth Due To Launch Of Disney+, Apple TV+, HBO Max, Peacock Services. Netflix Sees Q4 EPS $0.51, Sales $5.442B vs $5.52B Estiamte, Global Streaming Paid Memberships 165.93M, Up 19.2%, Global Stream Paid Net Adds 7.6M. Netflix shares are trading higher after the company reported better-than-expected Q3 EPS results. The company also reported global streaming paid memberships up 19.2%.. Netflix Sees Q4 US Paid Net Adds 600K, Paid Memberships 61.22M; Sees International Paid Net Adds 7M, Paid Memberships 104.71M. Netflix Sees Q4 US Streaming Sales ~$2.455B, Int'l. Streaming $2.918B. Netflix Q3 Adj. EBITDA $1.107B vs $584.145M In Same Qtr. Last Year. Netflix Reports Q3 Paid Net Adds 6.8M vs Co.'s 7M Forecast And 6.1M Last Year. Netflix Q3 EPS $1.47 Beats $1.04 Estimate, Sales $5.245B Miss $5.25B Estimate. SunTrust On Netflix Also Notes 'Our data work suggests mid-to-high 5m is very reasonable for Int'l, 0.8m very reasonable for Domestic'; Net-Net Firm Expects 'neutral numbers revision, confident tone from company, against cautious sentiment'. SunTrust Maintains Buy, $402 Target On Netflix As Firm Thinks 'investor expectation is for a 3Q Int'l sub adds miss (vs consensus 6.0m) with Domestic in-line (vs 0.8m)'. Bank Of America Results Keep Financial Sector Flowing, With Netflix In Focus Later. An Important Leveraged ETF To Watch During Earnings Season. 11 Stocks To Watch For October 16, 2019. Earnings Scheduled For October 16, 2019
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