From Nasdaq:

Many companies are reporting Q4 earnings, with some experiencing significant margin expansion. Three specific companies – Netflix, Procter & Gamble, and Meta Platforms – are enjoying improved profitability and pleasing investors with their strong quarterly results.

Netflix has seen positive earnings estimates and significant margin improvements, with operating income of $1.5 billion and subscriber additions of 13.1 million, far exceeding estimates.

Meta Platforms has had robust earnings results, with revenue growth of 25% and a 77% increase in EPS. The company also announced its first-ever dividend, an indication of its strong performance.

Procter & Gamble posted an 8% beat in EPS and saw improved revenue and gross margin from the year-ago figures. Following the results, the company increased its FY24 core net EPS growth expectations, driving positive sentiment in the stock.

An environment of increased profitability has led to shares jumping for many companies post-earnings, with all three companies – Netflix, Procter & Gamble, and Meta Platforms – showcasing improved profitability and margin expansion.



Read more: 3 Companies Enjoying Meaningful Margin Expansion