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An early preview of Netflix earnings

Published 07/11/2018, 08:19 AM
© Reuters.  An early preview of Netflix earnings
NFLX
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  • Wedbush warns that Netflix (NASDAQ:NFLX) may miss estimates with its report on Q2 U.S. subscriber additions due to the lack of any "high-profile" series during the period.
  • Analyst Michael Pachter estimates Netflix added 1.25M subs during the quarter, slightly higher than the company's guidance for 1.20M but trailing many Wall Street forecasts.
  • Netflix is due to report earnings on June 16. In case you're new to the Netflix scene, immediate post-earnings moves of 5% up or down are fairly commonplace for the stock. Analyst consensus marks for the upcoming Q2 report are revenue of $3.94B and EPS of $0.79.
  • NFLX -0.92% premarket to $411.79.
  • Now read: I Could Still Be Wrong About Netflix


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