NFLX - Netflix, Inc.

Netflix, Inc.
Services | CATV Systems | USA​

Netflix, Inc., an Internet television network, engages in the Internet delivery of television (TV) shows and movies on various Internet-connected screens. It operates in three segments: Domestic Streaming, International Streaming, and Domestic DVD. The company offers TV shows and movies, including original series, documentaries, and feature films. It offers members with the ability to receive streaming content through a host of Internet-connected screens, including TVs, digital video players, television set-top boxes, and mobile devices. The company also provides DVDs-by-mail membership services. As of April 28, 2017, it had approximately 100 million members in 190 countries. Netflix, Inc. was founded in 1997 and is headquartered in Los Gatos, California.

 

ER after the close today:

Netflix, Inc. (NFLX) is confirmed to report earnings at approximately 4:05 PM ET on Monday, July 17, 2017. The consensus earnings estimate is $0.16 per share on revenue of $2.76 billion and the Earnings Whisper ® number is $0.18 per share. Investor sentiment going into the company's earnings release has 59% expecting an earnings beat The company's guidance was for earnings of approximately $0.15 per share. Consensus estimates are for year-over-year earnings growth of 77.78% with revenue increasing by 31.10%. Short interest has increased by 2.2% since the company's last earnings release while the stock has drifted higher by 9.4% from its open following the earnings release to be 17.6% above its 200 day moving average of $137.01. Overall earnings estimates have been revised lower since the company's last earnings release. On Wednesday, July 12, 2017 there was some notable buying of 11,927 contracts of the $170.00 call expiring on Friday, July 21, 2017. Option traders are pricing in a 8.4% move on earnings and the stock has averaged a 8.6% move in recent quarters.

 

just for fun anyone wanna take a stab at the post-ER action here? up, down, or flat?

i'll say down because i've got this on the weekly challenge this week

anyone actually playing the earnings?

it's been a nice run up since the beginning of this month going into this ER

 

yikes this thing is still going! now up to 185 and completely overshooting the old high like it wasn't even there ... i did not think we would see such a strong post-ER reaction as we're seeing what a rip

 

ER due out after the close today!

Here are the consensus and whisper #'s

 

Netflix (NFLX) Earnings Coming Up
Tue, Apr 20, 2021

Netflix (NFLX) is one of the first mega-cap Technology/Communication Services stocks to report this earnings season with quarterly results due out after the closing bell tonight. As with a swath of other mega-cap Tech stocks, NFLX has been in consolidation for much of the last year. NFLX has failed at multiple points to break out above resistance around the $550-$575 range including a pump fake following the last earnings report earlier this year. Stuck below those levels, the stock has mostly been fluctuating around its 50-DMA with some successful tests of its 200-DMA last month.



Below we show a snapshot from our Earnings Explorer showing the aggregate summary of past earnings results for NFLX. Across all quarters, the stock has averaged an absolute move of 12.28% in reaction to earnings. But reactions are highly seasonal. For example, most of the positive reactions have come on Q4 earnings days (January reports) when the stock has averaged a gain of 10.72% with a move higher almost three-quarters of the time. Last quarter was a prime example of this with NFLX rising 16.85% on its earnings reaction day, and that was in spite of missing on the bottom line. Comparatively, Q1 earnings (April reports) are not the worst in terms of stock price reaction (Q2 holds that title), but results do hold a negative bias. Across all of NFLX's past 18 Q1 reports, the stock has only seen a positive price reaction 39% of the time with an average decline of 1.04%. The last time that NFLX moved higher on Q1 earnings was in 2018 when it rallied 9.19%. Although reactions in Q1 have typically been negative, they are also the least volatile of any quarter (10.78%). Granted, that's not saying much when it's Netflix we're talking about. We would note though that the past two Q1 reports have seen much more modest declines of 2.86% and 1.31%.





Given that historic volatility on earnings, there is a wide range of possibilities where NFLX could stand from a technical perspective after tomorrow's reaction to earnings. While positive reactions are less likely, a positive reaction of a similar-sized move to the average volatility (+10.78%) could lead NFLX to break out above the past several months' consolidation whereas a negative reaction of that size would see the opposite take place (yellow dot). An equivalent-sized move to the downside would result in NFLX falling below its 200-DMA and to the low end of its range (red dot). Assuming a move the same size as the average for past Q1 reports—which is also a realistic possibility when looking at the past couple of years' Q1 reports—the 1% decline would still leave NFLX above its 50-DMA.

 

Netflix (NFLX) Unbuffers
Fri, Sep 3, 2021

Is there anything more annoying than when you sit down to watch a show or movie on Netflix (NFLX) and you get the dreaded buffering symbol where the show pauses until the connection is strong enough to load? A lot of people around the country from the coast of Louisianna right up north through the coast of Maine are likely experiencing that buffering a bit more frequently as Hurricane Ida disrupted power and internet connections. Investors in Netflix (NFLX) stock have been no strangers to the buffering phenomenon recently as the stock has been stuck in a trading range seemingly as long as the movie "The Never Ending Story." From July of last year through Wednesday, NFLX traded in a range within a high of $593.29 to a low of $458.60 for a spread of 29.4%. Yesterday, though, NFLX finally broke out of that range trading as high as $598.76.



29.4% may not sound like too small of a range, especially for a stock with a market cap of over $250 billion. For a stock like NFLX, though, 29.4% was the narrowest one-year range the stock had ever traded within. The chart below shows the historical one-year trading range for NFLX since its IPO in 2002. Prior to this year, NFLX had never traded within a range of 50% or less over a rolling one-year period, but as of this week, the range had narrowed to nearly half that. Just like with the movies, though, usually when it buffers once, it runs through a number of fits and starts before it starts running smoothly again. Similarly, even though NFLX started to move yesterday, today it has drifted right back into the range it was trading in all this time.