CORRECTION: Netflix Q3 EPS $0.87 Beats $0.82 Estimate, Sales $12.874B Miss $12.876B Estimate

Netflix (NASDAQ:NFLX) reported quarterly earnings of $0.87 per share which beat the analyst consensus estimate of $0.82 by 6.1 percent. This is a 47.46 percent increase over earnings of $0.59 per share from the same period last year. The company reported quarterly sales of $12.874 billion which missed the analyst consensus estimate of $12.876 billion by 0.02 percent. This is a 11.85 percent increase over sales of $11.510 billion the same period last year.