Consumer Discretionary

Netflix (NASDAQ:NFLX) Q2 Earnings, Revenue Increase; Additions Beat Forecasts

Netflix (NASDAQ:NFLX) reported Q2 earnings  of $3.29 per diluted share, up from $3.20 a year earlier. Analysts polled by Capital IQ expected $2.85 per share. Revenue for the quarter ended June 30 was $8.18 billion, up from $7.97 billion a year earlier. Analysts surveyed by Capital IQ expected $8.29 billion. The streaming giant said its global paid net additions stood at 5.89 million in Q2. Analysts polled by Visible Alpha were expecting 2.3 million. Netflix said it expects Q3 EPS of $3.52 on revenue of $8.52 billion. Analysts polled by Capital IQ are looking for EPS of $3.19 and revenue of $8.68 billion.

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United Airlines (NASDAQ:UAL) Q2 EPS, Revenue Gain; Full-Year EPS Outlook Lifted

United Airlines (NASDAQ:UAL)  reported Q2 adjusted earnings per share of $5.03, up from $1.43 a year earlier. Analysts polled by Capital IQ expected a normalized EPS of $4.06. Revenue for the quarter ended June 30 was $14.2 billion, up from $12.1 billion a year earlier. Analysts surveyed by Capital IQ expected $13.9. For 2023, United raised its full-year adjusted EPS estimates to $11 to $12 versus previous guidance of $10 to $12. Analysts expect $9.78.

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Tesla (NASDAQ:TSLA) Q2 Adjusted Earnings, Revenue Rise

Tesla (NASDAQ:TSLA) reported fiscal Q2 adjusted earnings of $0.91 per diluted share, up from $0.76 a year earlier. Analysts polled by Capital IQ expected $0.82. Revenue for the quarter ended June 30 was $24.93 billion, up from $16.93 billion a year earlier. Analysts surveyed by Capital IQ expected $24.73 billion. For fiscal 2023, the automaker said it expects to remain ahead of the long-term 50% compound annual growth rate in production with about 1.8 million vehicles.

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