Netflix Q3 EPS $3.19 Beats $2.56 Estimate, Sales $7.48B Beat $7.48B Estimate

Netflix (NASDAQ:NFLX) reported quarterly earnings of $3.19 per share which beat the analyst consensus estimate of $2.56 by 24.61 percent. This is a 83.33 percent increase over earnings of $1.74 per share from the same period last year. The company reported quarterly sales of $7.48 billion which beat the analyst consensus estimate of $7.48 billion by 0.04 percent. This is a 16.27 percent increase over sales of $6.44 billion the same period last year.