Netflix, Tesla and Meta earnings may hinge on guidance more than beats

Netflix reports Tuesday, and Tesla and Meta report Wednesday. Investing.com said forward guidance, not just earnings per share, is likely to be the real catalyst, noting that Netflix’s stock fell 6.42% despite a small earnings beat in its latest quarter. On Oct. 13, Citigroup topped forecasts but fell 5.6%, while JPMorgan, which Reuters said posted its first profit miss since the fourth quarter of 2023, slipped 0.86%, according to Sharecast’s closing data. Beats alone may not have set those reactions.

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