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Netflix went from $300 to $100 since their last blow out earnings release because of the media inflating the disapproval of its price hikes and decision to separate its streaming business from its dvd business (which has been reversed).
If earnings are better than expected we will see NFLX soar very fast. Its last quarter was the best they ever had and got the stock up to $300. Analysts have estimated that NFLX has lost up to 600,000 subscribers due to the price hikes. However, that is a very small amount of their total subscribers. NFLX management said they expected to see a loss of subscribers initially.
What do you think? Will they beat estimates?
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I'll be buying some call options Monday morning. If they beat estimates, I'll buy a bunch of stock. I think it would be a quick ride to $200+ especially if they break $1 billion in revenue. If they miss, it will be catostrohphic though.
[quote=bmw335xi;21396220]Netflix went from $300 to $100 since their last blow out earnings release because of the media inflating the disapproval of its price hikes and decision to separate its streaming business from its dvd business (which has been reversed).
If earnings are better than expected we will see NFLX soar very fast. Its last quarter was the best they ever had and got the stock up to $300. Analysts have estimated that NFLX has lost up to 600,000 subscribers due to the price hikes. However, that is a very small amount of their total subscribers. NFLX management said they expected to see a loss of subscribers initially.
What do you think? Will they beat estimates?
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I am done with this earnings season. I will probably jump back in next quarter. If AAPL can miss it's anyone's guess who is next.
In my experience, earnings goes both ways. Then it's guidance for next quarter, and then outlook. Several parameters, it's hard to make the right call. Great earning, but bad outlook, that can still kill the stock and you suddenly are on the wrong side.
I've stopped betting on earnings, except when I was too damn sure, like betting against train wrecks like AONE
In my experience, earnings goes both ways. Then it's guidance for next quarter, and then outlook. Several parameters, it's hard to make the right call. Great earning, but bad outlook, that can still kill the stock and you suddenly are on the wrong side.
I've stopped betting on earnings, except when I was too damn sure, like betting against train wrecks like AONE
It can only grow, they fixed their stupidity for now, and the streaming is great for on demand content.
Wouldn't surprise me if Google. Amazon..... or whoever takes them over.
This quarter might be intact, but I don't think their forward guidance will be cheery. While they are expanding in the international markets, they lost considerable growth in the US and are faced with an issue with margins as content licensing gets increasingly costly. I wouldn't buy Netflix or short it either. There are better stocks to play.
This quarter might be intact, but I don't think their forward guidance will be cheery. While they are expanding in the international markets, they lost considerable growth in the US and are faced with an issue with margins as content licensing gets increasingly costly. I wouldn't buy Netflix or short it either. There are better stocks to play.
That's my main concern with NFLX. I think their earnings will be good, but their guidance is what worries me. Like another member mentioned, you can have great earnings, but if the outlook is negative, it can crush the stock.
I sold my netflix this morning when it was up. I decided not to be greedy. If they beat earnings and have a good outlook I'll repurchase it at a higher price, but my gut is telling me not to hold through earnings.
I sold my netflix this morning when it was up. I decided not to be greedy. If they beat earnings and have a good outlook I'll repurchase it at a higher price, but my gut is telling me not to hold through earnings.
Good trade
It's getting pummeled after hours. 87 bucks as I type. You made a great call. Lucky you I love it when people make the right call and cash money out.
I learned a few hard lessons with earnings. You can't get EPS, guidance and outlook all right, unless it's AAPL or GOOG Even AAPL missed earnings. Earnings is simply a gamble, to be honest.
I sold my netflix this morning when it was up. I decided not to be greedy. If they beat earnings and have a good outlook I'll repurchase it at a higher price, but my gut is telling me not to hold through earnings.
Good move.
NFLX is plunging in afterhours trading since they released their earnings, falling from a 4pm closing price of $118.84 to $87.80 at 5pm, a loss of 26% in an hour.
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Even AAPL missed earnings. Earnings is simply a gamble, to be honest.
