Netflix results are disappointing – Snap surprises

Netflix falls short of expectations when it comes to EPS. On the other hand, sales during the first quarter were roughly as analysts had expected.

Sales increased 27.7 percent to $ 5.77 billion (4.52). The result can be compared to Factset’s analysts’ consensus, which was 5.75.

Earnings per share closed at $ 1.57 (0.76), which is 4.3 percent worse than the analyst consensus of 1.64.

The share rose sharply following news of more than 15 million new subscribers.

Netflix, BUSDFirst Quarter – 2020consensusThe change towards consensusFirst quarter 2019They change
Net sales5,775,750,3%4,5227.7%
Earnings per share, in US dollars1.571.64-4,3%0,76106.6%

Consensus data from Factset

Snap tracks the hopes of the pros

Snap reported higher-than-expected sales during the first quarter. Adjusted earnings per share was higher than expected.

Sales were up 44.5% to $ 462.5 million (320). The result can be compared to Factset analysts’ consensus which was 427.

Adjusted earnings per share was at -0.08 dollars (-0.20), a loss lower than analysts had expected. The consensus was -0.20 dollars.

Pick up, MUSDFirst Quarter – 2020consensusThe change towards consensusFirst quarter 2019They change
Net sales462,54278.3%32044.5%
Adjusted earnings per share-0.08-0,20-0,20

Consensus data from Factset

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