Netflix reported strong Q1 earnings, beating estimates and raising guidance, causing shares to surge over +4%

From Nasdaq: 2025-04-17 18:18:00

On Thursday, the stock market saw a mixed day with the Dow dropping due to UnitedHealth’s disappointing Q1 report, causing a -22% decline in their stock. The S&P 500 closed slightly up at +0.13%, while the Nasdaq ended down -0.13%. The Russell 2000 had a decent showing with a +0.92% gain. NVIDIA and Amgen also faced losses.

Netflix reported better-than-expected Q1 earnings, with earnings of $6.61 per share surpassing estimates by almost a dollar. Revenues were slightly lower than expected at $10.543 billion. Next-quarter guidance was raised to $7.03 per share, with operating margins increasing to +31.7%. Netflix shares surged over +4% in late trading.

Looking ahead, the stock market will be closed for Good Friday, with minimal market activity expected. Economic reports next week include U.S. Leading Economic Indicators, S&P flash PMI, New Home Sales, and Durable Goods Orders. Q1 earnings season kicks off next week with companies like Tesla, Alphabet, Boeing, Chipotle, and more set to report.

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Read more at Nasdaq: Short Week Finishes with Netflix Q1 Beat