Netflix Inc. (NFLX) reported first quarter EPS of $0.31 after the bell Monday, which topped the consensus estimate of $0.18. Revenues rose to $1.02 billion from $869.79 million a year ago. The consensus estimate was for revenues of $1.02 billion. The company expects to report second quarter EPS of $0.23 to $0.48. The consensus estimate is for EPS of $0.29.
Netflix has gapped open sharply higher Tuesday and is now up 43.14 at $217.51 on above average volume. The stock has surged past resistance and has set a new high for the year.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.