Communications services stocks grabbed the spotlight this week as Wall Street digested earnings reports from major names, including Netflix (NFLX [https://seekingalpha.com/symbol/NFLX]) and Meta Platforms (META [https://seekingalpha.com/symbol/META]). The communications services sector (XLC [https://seekingalpha.com/symbol/XLC]) lost over 8% so far this year, compared to the nearly 12% rise in the broader S&P 500 Index. In this week's earnings recap, five tickers reported results, all of which reported earnings beats. On the revenue side, four companies exceeded revenue expectations, while one company trailed estimates. Below are the latest quarterly reports from some key players, which reported results this week: Netflix (NFLX [https://seekingalpha.
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