Investing.com — It was another busy week of market moves. Given earnings season is underway, we can expect it to get even more hectic. Here are Investing.com’s stocks of the week:
Netflix (NASDAQ:)
Netflix shares surged on Friday. At the time of writing, it is up more than 9% for the day. The move is, of course, in response to the streaming giant’s latest earnings release, which saw it report Q3 EPS of $5.40, $0.28 better than the analyst estimate of $5.12. Meanwhile, revenue for the quarter came in at $9.82 billion, above the consensus estimate of $9.77 billion.
The company added 5.07 million subscribers during its third quarter versus 8.76 million net new subscribers in the year-ago period. However, the figure topped Wall Street estimates, helping send shares higher in early US trading.
Furthermore, Netflix’s Q4 EPS guide of $4.23 topped the consensus of $3.90, with revenue…
