Netflix Beats on Q1 Earnings, Q2 Guidance Mixed

Netflix (NFLX) reported Q1 EPS of $1.11 per share, vs. analyst estimates of $1.08 per share. Revenue was $718.5 million, vs. expectations of $704 million. For Q2, the company is guiding for revenue of $762 to $778 million, vs. Street estimates of $763 million. EPS are seen at $0.93 to $1.15 per share. The Street view is $1.19 per share. It’s unclear if these earnings numbers are comparable.

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