Netflix Inc. (NFLX) reported fourth quarter net income of $0.73 per share after the bell Wednesday, down from $0.87 per share last year. The consensus estimate was for EPS of $0.55. The company expects to report a first quarter loss of $0.49 to $0.16 per share, compared to the consensus estimate of a loss of $0.30.
Netflix has gapped open sharply higher Thursday morning and is now up 17.58 at $112.62. The stock has broken out of a 2 1/2 week range and has set a 3-month high.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.