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, BUSD||First Quarter – 2020||consensus||The change towards consensus||First quarter 2019||They change|
|Earnings per share, in US dollars||1.57||1.64||-4,3%||0,76||106.6%|
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, MUSD||First Quarter – 2020||consensus||The change towards consensus||First quarter 2019||They change|
|Adjusted earnings per share||-0.08||-0,20||-0,20|