What Can We Expect From Netflix’s ($NFLX) Q3 2024 Earnings?

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Don't miss out on the highly anticipated third quarter financial results of Netflix Netflix (NASDAQ: NFLX) set to be unveiled on Thursday 17th October 2024. Be prepared to seize this valuable opportunity to analyze the company's financial performance after market close.

According to the predictions of financial experts on Wall Street, the organization is expected to announce an anticipated $5.11 profit per share for the quarter. Further, the firm is poised to disclose a total revenue of $9.77 billion for the period.

Wall Street analysts have revealed their projections for the company's yearly performance, with a total revenue of $38.73 billion. Furthermore, they expect the business to achieve profit of $19.13 per share during the fiscal year.

Looking back at the corresponding quarter from the previous year, the company's earnings report revealed a per-share income of $3.73. This notable figure was attributed to the company's total revenue, which settled at an impressive $8.54 billion during that specific quarter.

Period EPS
Actual
EPS
Growth*
Revenue
Actual
Revenue
Growth*
Historical Earnings Insight
Q2 2024 $4.88 +48.3% 9.56 B +16.8%
Q1 2024 $5.28 +83.3% 9.37 B +14.8%
Q4 2023 $2.11 +1,658.3% 8.83 B +12.5%
Q3 2023 $3.73 +20.3% 8.54 B +7.8%
Q2 2023 $3.29 +2.8% 8.19 B +2.7%
*Growth on year-over-year basis

 

NFLX has scheduled a conference call on 17th October 2024 at 04:45 PM eastern time to discuss the third quarter financial results and other related information.

Netflix (NFLX) closed Wednesday's regular trading session at $702.00, showing a 0.56 percent decline, with a volume of 2.48 million shares.