Netflix stock crashes after streamer misses EPS consensus by 8%

Netflix (NFLX) stock sank over 9% late Thursday after the king of streaming missed Wall Street's consensus earnings estimate for the first quarter. Netflix stock shed 9% afterhours on Thursday.The streamer missed GAAP EPS consensus by a noticeable amount.Company's Q2 forecast underwhelms Wall Street analysts.Q1 revenue beats consensus by $80 million.Netflix (NFLX) stock sank over 9% late Thursday… Netflix (NFLX) stock sank over 9% late Thursday after the king of streaming missed Wall Street's consensus earnings estimate for the first quarter. Netflix stock shed 9% afterhours on Thursday.The streamer missed GAAP EPS consensus by a noticeable amount.Company's Q2 forecast underwhelms Wall Street analysts.Q1 revenue beats consensus by $80 million.Netflix (NFLX) stock sank over 9% late Thursday after the king of streaming missed Wall Street's consensus earnings estimate for the first quarter. Netflix issued GAAP EPS of $1.23, which missed the consensus by $0.11. NFLX sank from its close at $107.88 to… For traders, this matters because equity-specific headlines can influence sector leadership, index tone and short-term volatility around positioning. Watch whether the reaction stays isolated to one name or spills into the broader sector, index futures and correlated risk assets.