[Stock Prediction] How will NFLX close Friday 19/07 following their earnings?

Tiger_Earnings
07-15

Click to vote. Guess how $Netflix(NFLX)$ will close on Friday, July 19, following their earnings? If you get the correct answer, you may divide 1000 Tiger Coins with other Tigers.

$Netflix(NFLX)$ is set to share its financial performance for the second quarter of 2024 after the bell on July 18, 2024. Analysts are in agreement, expecting a Q2 revenue of $9.52 billion, with adjusted net income projected at $2.08 billion and adjusted earnings per share estimated to be $4.74.

Netflix net additions are to be sequentially lower in Q2 on account of typical seasonality. However, the company should continue to benefit from its ad-supported tier which is enabling it to attract more price-sensitive customers with a price of just $7 per month in the U.S. For more information about Netflix‘ Earnings Preview, please click Netflix Earnings Preview: Subscriber Growth Poised to Slow in 2Q While Rising Margins Are Expected

Netflix's earnings call will be held on 19 July 2024 at approximately at 04:45 SGT. To set a reminder, please click here

💰Event Details

  • Click to vote. Guess where $Netflix(NFLX)$ will move following their earnings? If you get the correct answer, you may divide 1000 Tiger Coins with other Tigers.

  • For example, If 10 Tigers get the right answer, each will receive 100 Tiger Coins. If 100 Tigers get the right answer, each will receive 10 Tiger Coins.

  • Reply and forward this post, share your insights about Netflix's financial reports, and you will win 5 Tiger Coins.

⏰Event Duration

  • From 15 July 2024 to 19 July 2024 at 04:00 SGT

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How will NFLX close 19/07 following their earnings?(Maximum1 votes)
  • Very Green (more than 10%)(7 votes)
  • Green (5% to 10%)(20 votes)
  • Flat (-5% to 5%)(22 votes)
  • Red (-10% to-5%)(7 votes)
  • Very Red (below-10%)(6 votes)
Can Netflix Continue to Soar After Hitting an All-Time High?
On August 20, streaming giant Netflix's stock price surged to $711.33, reaching a historic high. By the close of the market, Netflix was up 1.45%, closing at $698.54, setting a new record for closing price as well. Since the beginning of the year, Netflix's stock price has risen by 45% cumulatively. Netflix announced that its prepaid advertising commitments for 2024 have increased by more than 150% year-over-year. ------------ Will Netflix hit $750 next?
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