Netflix, Inc. (NFLX) Earnings: Stock Surges On Q1 EPS Beat

Netflix, Inc. (NASDAQ:NFLX) earnings arrived on Monday afternoon after the market closed on Wall Street. The streaming company showed earnings of $0.86 per share for the three month period. Revenue came in at $1.27 billion for the first quarter of 2014. In anticipation of the release shares in the company trended upward on Monday's market, finishing the day trading at $348.49.

Analysts were looking for 83 cents per share in non-GAAP earnings in the run-up to the release of the Netflix, Inc. (NASDAQ:NFLX) earnings report. The revenue consensus estimate, compiled after a Bloomberg survey of...