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Netflix reported its q1 2020 earnings after the bell on tuesday.
Netflix earnings per share 2020. Netflix expects 25 million net subscriber additions for the third quarter while analysts were expecting. While netflix is expected to increase revenue by 229 for all of fy 2020 that growth would be slowest in. Analyst predict q2 2020 revenue growth will be even slower rising 233 to 61 billion.
Revenues are expected to be 607. Truist securiti also issued estimates for netflixs q4 2020 earnings at 067 eps fy2020 earnings at 600 eps fy2021 earnings at 902 eps and fy2022 earnings at 1183 eps. It is possible that this date will be updated in the future once the company announces the.
The price to earnings ratio is calculated by taking the latest closing price and dividing it by the most recent earnings per share eps number. The pe ratio is a simple way to assess whether a stock is over or under valued and is the most widely used valuation measure. The upcoming earnings date is derived from an algorithm based on a companys historical reporting dates.
This internet video service is expected to post quarterly earnings of 183 per share in its upcoming report which represents a year over year change of 205. Netflix eps for the twelve months ending june 30 2020 was 593 a 13255 increase year over year. Thats due to its diluted earnings per share of 159.
It expects third quarter earnings of 209 per share above analyst estimates of 201. Netflix pe ratio as of september 04 2020 is 8702. Nflx earnings for the video streaming companys second quarter of 2020 have nflx stock falling hard after hours thursday.
Wall street was anticipating earnings per share of 165 on revenue of 576 billion based on refinitiv consensus estimates. Netflix eps for the quarter ending june 30 2020 was 159 a 165 increase year over year.
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