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Kiplinger
Kiplinger
Business
Karee Venema

Netflix Stock Is Soaring After Earnings. Here's Why

Red Netflix sign on set with Now Streaming written beneath it in blue.

Netflix (NFLX) is a key headliner of this week's busy earnings calendar. The streaming giant reported fourth-quarter results after Tuesday's close and based on today's price action for Netflix stock, Wall Street likes what they see.

The company reported year-over-year Q4 revenue growth of 12.5% to $8.8 billion, while earnings per share surged to $2.11 from last year's 12 cents. The top-line results came in higher than analysts were expecting, though the bottom-line figure fell short of estimates. 

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