Netflix (NFLX) reported paid subscriber additions and guidance that sharply missed estimates, with subscriber growth decelerating more sharply than expected over the course of 2020 after a strong initial surge in sign-ups. Shares traded more than 5% lower after market close Tuesday afternoon. Here were the main results from the report, compared to consensus estimates compiled by Bloomberg: Q3 Revenue: $6.44 billion vs. $6.39 billion expected Q3 Earnings per share: $1.74 vs. $2.13 expected Q3… Source link
Read More »Where do earnings estimates come from: Yahoo U
For more business and finance explainers, check out our Yahoo U page. When it comes to company performance, earnings are always about meeting expectations. After a company releases its quarterly results, analysts often use “beat” or “miss” to describe the over-performance or under-performance relative to “the street’s estimates.” What do analysts estimate? The broadest performance metrics across companies are revenue and earnings per share. A typical income statement will list net… Source link
Read More »Where earnings estimates come from: Yahoo U
For more business and finance explainers, check out our Yahoo U page. When it comes to company performance, earnings are always about meeting expectations. After a company releases its quarterly results, analysts often use “beat” or “miss” to describe the over-performance or under-performance relative to “the street’s estimates.” What do analysts estimate? The broadest performance metrics across companies are revenue and earnings per share. A typical income statement will list net… Source link
Read More »Yandex (YNDX) Q2 Earnings Surpass Estimates
Yandex (YNDX) came out with quarterly earnings of $0.09 per share, beating the Zacks Consensus Estimate of $0.05 per share. This compares to earnings of $0.27 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 80%. A quarter ago, it was expected that this Russian search engine would post earnings of $0.28 per share when it actually produced earnings of $0.19, delivering a surprise of -32.14%. Over the last four… Source link
Read More »Yandex (YNDX) Q2 Earnings Surpass Estimates – July 28, 2020
Yandex (YNDX – Free Report) came out with quarterly earnings of $0.09 per share, beating the Zacks Consensus Estimate of $0.05 per share. This compares to earnings of $0.27 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 80%. A quarter ago, it was expected that this Russian search engine would post earnings of $0.28 per share when it actually produced earnings of $0.19, delivering a… Source link
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