Here's how the company did compared with Wall Street estimates:
- EPS: 30 cents, vs. 24 cents forecast by Refinitiv consensus estimates
- Revenue: $4.19 billion, vs. $4.21 billion forecast by Refinitiv consensus estimates
- Domestic subscriber additions: 1.53 million, vs. 1.51 million forecast by FactSet
- International subscriber additions: 7.31 million, vs. 6.14 million forecast by FactSet
The quarter was expected to cap an expensive year for Netflix, as the company ramps up content spend and original programming. Reported EPS represents a 66 percent markdown from the third quarter of 2018, and a 27 percent downside from the year-ago quarter.
Revenue for the quarter fell right in line with recent trends, though, hinting at higher expenditures. Fourth-quarter revenue totals mark a 28 percent year-over-year jump.
The company is guiding toward lower-than-expected results for the first quarter of 2019. Netflix expects earnings per share of 56 cents on revenue of $4.49 billion, compared with Wall Street consensus estimates of 82 cents and $4.61 billion.