Netflix stock is rising after the streaming giant beat third quarter EPS and revenue estimates. Here's what to know.
) stock rose as much as 5% in after-hours trading Thursday as the streaming giant beat third quarter EPS and revenue estimates and projected sales for the current quarter that came in ahead of Wall Street's expectations.
For full-year 2025, the company sees revenue hitting between $43 billion and $44 billion compared to consensus estimates of $43.4 billion. This would represent growth of 11% to 13% from the company's expected 2024 revenue guidance of $38.9 billion. Leading up to the results, Netflix's stock had been on a tear with shares up around 45% since the start of the year and
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