Netflix (NFLX) Q1 Earnings Top Estimates

Company Performance - Netflix reported quarterly earnings of $6.61 per share, exceeding the Zacks Consensus Estimate of$ 5.69 per share, and up from $5.28 per share a year ago, representing an earnings surprise of 16.17% [1] - The company posted revenues of$ 10.54 billion for the quarter ended March 2025, slightly missing the Zacks Consensus Estimate by 0.04%, but up from $9.37 billion year-over-year [2] - Over the last four quarters, Netflix has surpassed consensus EPS estimates four times and topped consensus revenue estimates three times [2] Stock Performance - Netflix shares have increased approximately 7.9% since the beginning of the year, contrasting with the S&P 500's decline of -10.3% [3] - The current consensus EPS estimate for the upcoming quarter is$ 6.22 on revenues of $10.96 billion, and for the current fiscal year, it is$ 24.50 on revenues of $44.4 billion [7] Industry Outlook - The Broadcast Radio and Television industry, to which Netflix belongs, is currently ranked in the top 34% of over 250 Zacks industries, indicating a favorable outlook [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact Netflix's stock performance [5][6]