Investing.com - Netflix (NASDAQ:NFLX) reported fourth quarter earnings that beat analysts' expectations on Thursday and revenue that fell short of forecasts.
The firm reported earnings per share of $0.3 on revenue of $4.19B. Analysts polled by Investing.com expected EPS of $0.25 on revenue of $4.21B. That compared to EPS of $0.41 on revenue of $3.29B in the same period a year earlier. The company had reported EPS of $0.89 on revenue of $4B in the previous quarter.
For the year, Netflix shares are up 31.95%, outperforming the S&P 500 which is up 6.84% year to date.
Netflix follows other major Services sector earnings this month
On Thursday, December 20, 2018, Walgreens Boots reported first quarter EPS of $1.46 on revenue of $33.79B, compared to forecasts of EPS of $1.43 on revenue of $33.86B.
Carnival Corp earnings beat analyst's expectations on Thursday, December 20, 2018, with fourth quarter EPS of $0.7 on revenue of $4.46B. Investing.com analysts expected EPS of $0.69 on revenue of $4.45B
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