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StockNews.com
StockNews.com
Business
Mangeet Kaur Bouns

Analyzing Netflix (NFLX) Upcoming Earnings: An Internet Buy or Sell Opportunity?

Netflix, Inc. (NFLX), one of the world’s leading entertainment services companies, is set to report its third quarter 2023 financial results on Wednesday, October 18, 2023, after the market’s close. Analysts expect the company’s revenue and EPS for the third quarter (ended September 2023) to increase 7.7% and 12.1% year-over-year to $8.54 billion and $3.48, respectively.

However, NFLX has missed the consensus revenue estimates in three of the trailing four quarters.

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