HomeLifestyleEntertainmentNetflix (NFLX) & Discover Financial (DFS) Fall After Earnings

Netflix (NFLX) & Discover Financial (DFS) Fall After Earnings

Netflix (NFLX) slides after falling short of 2Q revenue target. NFLX's earnings were released yesterday, July 19th, postmarket. Its adjusted EPS came in at $3.29 versus an estimated $2.83 and revenue came in at $8.19B versus an estimated $8.26B. NFLX's 2Q global streaming paid memberships came in at 238.39M customers, which is up 8% year-over-year. Jenny Horne discusses this, as well as Discover Financial (DFS) earnings, as DFS tumbles after disclosing FDIC probe. Its adjusted EPS came in at $3.54 versus an estimated $3.69 and revenue came in at $3.87B versus an estimated $3.87B. Tune in to find out more about the stock market today.

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20 Jul 2023

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