One analyst saw subscriber performance as the biggest highlight of Netflix’s report. But he reminded investors that this metric is going away early next year.

Stock index futures rose on Friday, as Netflix's (NFLX) third quarter earnings beat helped bring cheer to investors. S&P 500 futures (SPX) +0.3%, Nasdaq 100 futures (US100:IND) +0.6% and Dow futures (INDU) -0.

Netflix earnings are coming after the bell Thursday, with analysts generally bullish on the stock that has already risen more than 40% this year.

Revenue and operating margins continued to improve in the third quarter as subscriber growth slowed, a sign of the company’s success in pivoting toward prioritizing profitability over growth.

Netflix reported third-quarter results that topped analysts' estimates on the top and bottom lines, sending shares higher after the bell Thursday.

Netflix shares listed in Frankfurt rose 4.5% in early trading on Friday, after the U.S. streaming service said new third-quarter subscribers topped Wall Street estimates by 1 million. Netflix clocked 5.

Netflix shares jumped 11% on Friday morning after the streaming giant reported third-quarter earnings that beat expectations. Netflix posted earnings per share of $5.40 for the period ended Sept. 30,

Key Takeaways The S&P 500 added 0.4% on Friday, Oct. 18, wrapping up a week of trading that included an initial wave of quarterly earnings releases from major companies.Netflix shares surged after the streaming giant reported better-than-expected third-quarter sales,

Why did Netflix shares surge today? Find out what's driving the media-streaming expert's stock to record-high prices.