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Category: Business News

Netflix (NFLX) Slated to Report 3Q’21 Earnings

Netflix is expected to release its third-quarter numbers after the market closes on Tuesday. The streaming entertainment behemoth is expected to report $7.48 billion in sales and 3.5 million net subscriber additions in the September quarter, according to Wall Street analysts. This would show a 16.22% revenue growth from the same period in 3Q’20. EPS is expected to come in at $2.56, an increase of 61% from $1.59 per share a year earlier. Earnings whispers meanwhile, anticipates EPS coming in at $2.70 per share.

Cost Of Living Rising After Inflation

Microchips aren’t the only shortage plaguing the auto industry right now – workers are in short supply, too, from the smallest Tier 3 supplier to the shop floor of the largest assembly plants, showrooms, and dealership service areas nationwide.

Small Businesses struggle to find workers in Northeast Ohio

The US Department of Labor reported Friday that nearly 200,000 jobs were open in September, but that the unemployment rate has dropped. Many industries say they can’t fill job vacancies, leaving some beloved companies in trouble, or worse, shutting down. There are recruitment posters everywhere.

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