Netflix Q4 Profit Soars, Beats Estimate - Quick Facts

(RTTNews) - Netflix Inc. (NFLX) Wednesday reported fourth-quarter net income of $48 million or $0.79 per share, compared to $8 million or $0.13 per share last year.

On average, 33 analysts polled by Thomson Reuters expected earnings of $0.66 per share for the quarter. Analysts' estimates typically exclude one-time items.

Revenues for the quarter grew to $1.18 billion from $945.24 million last year, while 13 analysts estimated revenues of $1.17 billion for the quarter.

Looking forward to the first quarter, the company expects earnings of $0.78 per share. Analysts currently expect earnings of $0.77 per share for the quarter.