Netflix surpasses earnings and subscriber growth predictions, attracting investors’ attention to potential price increases.

Netflix surpasses earnings and subscriber growth predictions, attracting investors’ attention to potential price increases.

Netflix (NFLX) stock experienced a 5% increase in after-hours trading on Thursday following the company’s strong performance in the third quarter. Netflix surpassed expectations for both earnings per share (EPS) and revenue, and also provided a positive outlook for the current quarter. The streaming giant reported revenue of $9.83 billion in Q3, a 15% increase … Read more

Companies set to report earnings next week have a track record of surpassing expectations.

Companies set to report earnings next week have a track record of surpassing expectations.

Several companies are set to release their earnings reports next week, with some potentially standing out among the rest. Earnings season is in full swing, with 22% of S&P 500 members expected to announce their quarterly results in the coming days. According to FactSet, the majority of companies that have already reported their third-quarter earnings … Read more