Investing.com - Netflix (NASDAQ:NFLX) reported third quarter earnings that beat analysts' expectations on Wednesday and revenue that was inline with forecasts.
The firm reported earnings per share of $1.47 on revenue of $5.25B. Analysts polled by Investing.com expected EPS of $1.03 on revenue of $5.25B. That compared to EPS of $0.89 on revenue of $4B in the same period a year earlier. The company had reported EPS of $0.6 on revenue of $4.92B in the previous quarter.
Netflix follows other major Services sector earnings this month
On October 3, Costco reported fourth quarter EPS of $2.69 on revenue of $47.5B, compared to forecasts of EPS of $2.54 on revenue of $47.44B.
Prologis earnings beat analysts' expectations on Tuesday, with third quarter EPS of $0.71 on revenue of $710.47M. Investing.com analysts expected EPS of $0.53 on revenue of $715.88M
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