HomeBusinessConsumer ServicesNetflix Stock Falls On Subscriber Loss, IBM Stock Rises Following Earnings
Netflix Stock Falls On Subscriber Loss, IBM Stock Rises Following Earnings

Netflix (NFLX) earnings report indicated $3.52 in EPS and $7.87B in revenue. Netflix reported -200K in global streaming paid net additions. The NFLX stock price is down today following the news. How does Netflix (NFLX) compare to other streaming stocks like Comcast (CMCSA), Walt Disney (DIS), and Apple (AAPL)? Next, Jeff Pierce discusses IBM Corp. (IBM) earnings report that showed $1.40 in EPS and $14.2B in revenue. The company expects $10B to $10.5B in consolidated free cash flow. The IBM stock price is trading higher today. Also, the Procter & Gamble (PG) earnings call indicated $1.33 in EPS and $19.4B in revenue, beating estimates. Finally, Pierce weighs in on Alphabet (GOOGL) and Meta Platforms (FB) stocks being upgraded to buy from neutral at Citi.

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