Investing.com - Netflix (NASDAQ:NFLX) reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that was inline with expectations.
Netflix announced earnings per share of $3.19 on revenue of $7.48B. Analysts polled by Investing.com anticipated EPS of $2.57 on revenue of $7.48B.
Netflix shares are up 18% from the beginning of the year and are trading at $639.27 , down-from-52-week-high.They are under-performing the Nasdaq 100 which is up 19.57% from the start of the year.
Netflix follows other major Services sector earnings this month
Netflix's report follows an earnings beat by Prologis on Friday, who reported EPS of $0.97 on revenue of $1.04B, compared to forecasts EPS of $0.4715 on revenue of $1.04B.
Cintas had beat expectations on Wednesday, September 29, 2021 with first quarter EPS of $3.11 on revenue of $1.9B, compared to forecast for EPS of $2.76 on revenue of $1.88B.
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