Published on 13 Oct 2021 on Zacks via Yahoo Finance
Netflix (NFLX) Outpaces Stock Market Gains: What You Should Know
Netflix (NFLX) closed at $629.76 in the latest trading session, marking a +0.77% move from the prior day. The stock outpaced the S&P 500's daily gain of 0.3%.
Heading into today, shares of the internet video service had gained 8.17% over the past month, outpacing the Consumer Discretionary sector's loss of 5.34% and the S&P 500's loss of 2.37% in that time.
Wall Street will be looking for positivity from NFLX as it approaches its next earnings report date. This is expected to be October 19, 2021. In that report, analysts expect NFLX to post earnings of $2.56 per share. This would mark year-over-year growth of 47.13%. Our most recent consensus estimate is calling for quarterly revenue of $7.48 billion, up 16.3% from the year-ago period.