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Benzinga
Benzinga
Business
Henry Khederian

Why Disney And Roku Shares Are Falling Following Netflix's Earnings Report

Netflix Roku Disney NYSE Roku Inc Walt Disney Co

Several notable names in the streaming and entertainment sector, including Walt Disney Co (NYSE:DIS) and Roku Inc (NASDAQ:ROKU), are trading lower in sympathy with Netflix Inc (NASDAQ:NFLX) after the company reported fourth-quarter earnings results, issuing first-quarter sales and EPS guidance below estimates.

Netflix reported quarterly earnings of $1.33 per share which beat the analyst consensus estimate of 82 cents. Netflix also reported quarterly sales of $7.71 billion.

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