Netflix, Inc. provided earnings guidance for the third quarter of 2022. Third quarter revenue growth forecast of 5% translates into 12% year over year revenue growth on a constant currency basis. Similarly, excluding the impact of currency, operating profit growth would be -3% year over year (vs forecast decline of -29%) and operating margin would be 20% (vs forecast of 16%).
Market Closed -
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5-day change | 1st Jan Change | ||
682.5 USD | +0.43% |
|
+1.50% | +40.18% |
02/07 | Argus Adjusts Price Target on Netflix to $767 From $660 | MT |
01/07 | Canaccord Genuity Adjusts Price Target on Netflix to $650 From $585, Keeps Hold Rating | MT |
![Consensus](/images/consensus_flch.gif)
EPS Revisions
1st Jan change | Capi. | |
---|---|---|
+40.18% | 29TCr | |
+29.22% | 44TCr | |
+15.80% | 15TCr | |
+12.23% | 9.8TCr | |
+23.42% | 8.66TCr | |
+67.53% | 6.28TCr | |
+8.83% | 4.39TCr | |
+11.73% | 3.28TCr | |
-15.52% | 3.03TCr | |
+16.41% | 2.96TCr |
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- Netflix, Inc. Provides Earnings Guidance for the Third Quarter of 2022