Here's what major analysts said about Netflix's mixed earnings report

Here's what major analysts said about Netflix's mixed earnings report

5 years ago
Anonymous $9jpehmcKty

https://www.cnbc.com/2019/04/17/wall-street-analysts-react-to-netflixs-earnings-report.html

It was a tale of two stories for Netflix according to Wall Street analysts. While the company posted first-quarter revenue that beat estimates, it also warned that it expected light second-quarter guidance.

Shares of the streaming giant plunged 9 percent in extended hours trading after the report but by Wednesday morning had pared those losses to just over 1 percent.