On Monday, January 22nd, Netflix (NASDAQ:NFLX) will release its fourth quarter earnings results after the bell. The company is a Zacks Rank 3 (Hold), and have a Value, Growth, and Momentum score of F.
Dave will look at Netflix’s past earnings, take a look at what is currently going on with the company, and give us his thoughts on their upcoming earnings announcement.
Furthermore, Dave will uncover some potential options trades for investors looking to make a play on Netflix ahead of earnings.
Netflix in Focus
Netflix is the world's leading Internet television network with millions of subscribers in nearly 50 countries who have access to an ever-expanding library of TV shows and movies, including original programming, documentaries and feature films. The company offers the ability to watch as subscribers want, anytime, anywhere, on nearly any Internet-connected screen.
Netflix is expected to report earnings at $0.41 per share according to the Zacks Consensus Estimate. Last quarter they missed earnings expectations by -9.38%. They reported earnings at $0.29per share, missing their estimate of $0.32. They have an average earnings surprise of 1.25% over the last 4 quarters.
Netflix, Inc. Price, Consensus and EPS Surprise
Netflix, Inc. Price, Consensus and EPS Surprise | Netflix, Inc. Quote
Bottom Line
How should investors play Netflix ahead of their earnings report? For insights on the best options trades, then tune in at 11:00am CST tomorrow to see David’s thoughts.
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Netflix, Inc. (NFLX): Free Stock Analysis Report
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