Netflix Missed Expectations

Netflix (NFLX) reported earnings of $4.27 per share on revenue of $10.25 billion for the fourth quarter ended December 2024. The consensus earnings estimate was $4.20 per share on revenue of $10.15 billion. The Earnings Whisper number was $4.30 per share. The company missed expectations by 0.70% while revenue grew 16.00% on a year-over-year basis.

The company said it expects first quarter earnings of approximately $5.58 per share on revenue of approximately $10.416 billion. The current consensus earnings estimate is $5.96 per share on revenue of $10.63 billion for the quarter ending March 31, 2025. The company also said it expects 2025 revenue of $43.50 billion to $44.50 billion. The current consensus revenue estimate is $43.79 billion for the year ending December 31, 2025.

Netflix is the world's leading streaming entertainment service with 222 million paid memberships in over 190 countries enjoying TV series, documentaries and feature films across a wide variety of genres and languages.