Netflix beats forecasts but shares fall in after-hours trading
Netflix has topped revenue and earnings expectations for its holiday quarter, but its shares still dropped in after-hours trading.
| Updated: 21 Jan 2026
Netflix has beaten Wall Street’s estimates for both revenue and earnings in its holiday quarter results, delivering a stronger performance than analysts had expected.
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Despite that, the company’s shares tumbled by more than 4 percent in after-hours trading, suggesting investors were still left disappointed by the update.
The streaming giant is also reported to remain locked in a bidding war for Warner Bros Discovery, keeping attention on its wider strategy beyond quarterly figures.