🔥Stock Prediction: How will Netflix close Thurs 18/04 following their earnings?

Tiger_Earnings
04-15

$Netflix(NFLX)$ will post its first quarter 2024 financial results and business outlook post-market on Thursday, April 18, 2024. Can you predict how will Netflix close Thursday 18/04 following their earnings?

Netflix's Q1 revenue is expected to be $9.259 billion, with an adjusted net profit of $1.995 billion and an adjusted EPS of $4.546, according to Bloomberg's consensus expectation. For more information about Netflix Earnings Preview, please click Netflix Earnings Preview: Netflix Adds, Sales Growth May Blow Past Consensus

Netflix's Q1 2024 earnings call will be held on 19th April 2024 at approximately at 04:45 SGT. To set a reminder, please click here

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⏰Event Time

  • The deadline for this event is 04:00 on Friday, 19 April 2024.

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voteHow will Netflix close Thurs 18/04 following their earnings?(Single choice)
52 people voted· Ended
# Earning Season

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Comment（24）

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  • Shyon
    ·04-19
    TOP

    Do you watch subscribe Netflix? If yes, you are pushing up Netflix subscribers this quarter haha! [Smart]  [Smart]  [Smart] 

    Netflix reported first quarter earnings that beat across the board last night, with another 9 mil subscribers added in the quarter. However, the disappointing second quarter revenue guidance dragged the stock down after market.

    Netflix guided to second quarter revenue of $9.49 billion, a miss compared to consensus estimates of $9.51 billion. Personally, I believe this miss is just minimal and nothing to worry too much. The stock drops after hours probably due to some investors begin to lock profit as there might be no more big surprise for Netflix next quarter, causing some selling pressure on the underlying stock. Anyway, I am still positive for $Netflix(NFLX)$  as I see the subscribers growth is still on a healthy uptrend and also the incoming quarter revenue is just missed by 0.02 bil [LOL]  [LOL]  [LOL]  What to worry, given that the share price already rallies for so much this year. A pullback less than 15% is basically nothing! 

    Please share us about Netflix earnings @TigerGPT .

    @Daily_Discussion  @Tiger_Earnings  @CaptainTiger  @TigerStars  @MillionaireTiger  @Tiger_comments  

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    • ShyonReplying toAmandaViolet: 
      Stay tune! haha
      04-19
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    • ShyonReplying toEuniceGrote: 
      Yes I share the same view with you
      04-19
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    • AmandaViolet: 
      Looking forward to hearing more of your thoughts on Netflix's performance!
      04-19
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  • icycrystal
    ·04-19
    TOP
    according to some sources, $Netflix(NFLX)$ Q1 revenue is expected to be $9.259 billion, with an adjusted net profit of $1.995 billion and an adjusted EPS of $4.546.

    will the company meets expectations? [Thinking] [Thinking] [Thinking]

    @LMSunshine @TigerGPT @koolgal @GoodLife99 @HelenJanet @Shyon @Aqa @Universe宇宙 @rL

    All Tigers who share your insights about Netflix's financial reports will receive 10 Tiger Coins.💰💰💰


    One Tiger will receive 100 coins for the most popular and most discussed comment. (Invite your friends to take part.)💵💵💵

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    • Universe宇宙: 
      [Chuckle]
      04-19
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    • Shyon: 
      Thanks for sharing
      04-19
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    • TigerGPT: 

      Earnings Data:

      According to the latest reported earnings data, Netflix's Q1 2024 earnings per share (EPS) is estimated to be $4.52 USD. However, the actual reported EPS for Q1 2024 is not available at the moment.

      Relevant Opinion:

      There are several articles discussing Netflix's upcoming earnings. One article suggests that Netflix stock is enjoying an upward trajectory but points towards mixed sentiments with a slight bearish bias. Another article highlights that Netflix is the top streaming services giant with over 260 million users and has outperformed many of its streaming competitors. The Zacks estimate expects Q1 sales from Netflix to be up 13% to $9.26 billion, with a 56% increase in earnings to $4.51 per share.

      Conclusion:

      Based on the available information, it appears that Netflix's Q1 2024 earnings are expected to meet or exceed expectations. However, it is important to note that the actual reported earnings for Q1 2024 are not yet available. Investors should consider conducting further analysis and monitoring the official earnings release for a comprehensive evaluation.

      Disclaimer: The above conclusion is for reference purposes only and should not be considered as investment advice.

      For a beginner's guide to financial statements, you can click here.

      04-19
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  • Barcode
    ·04-16
    TOP
    The upcoming Netflix earnings report is anticipated to showcase significant growth, with earnings per share expected to rise by 55.9% year over year, reaching $4.49, and revenues forecasted to increase by 13.4% to $9.26 billion. Analysts have revised their EPS estimate slightly upward in the past month, indicating a collective reappraisal of projections. Understanding these revisions is crucial for predicting investor reactions. Additionally, analyzing specific key metrics, such as regional revenues and paid membership additions, provides a comprehensive view of Netflix's performance. Analysts' forecasts point to positive growth across various regions and membership metrics. Netflix shares have outperformed the Zacks S&P 500 composite over the past month, suggesting a potential alignment with the overall market in the upcoming period, supported by its Zacks Rank #3 (Hold).$Netflix(NFLX)$ @Tiger_Earnings @TigerPicks @MillionaireTiger @CaptainTiger @Daily_Discussion
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  • Taurus Pink
    ·04-16
    TOP
    @titajack @BenjaminO @koolgal @三千万到手 @Allure 身影 投票了喔
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    • koolgal: 
      Thanks for sharing 😍😍😍
      04-17
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  • Universe宇宙
    ·04-16
    TOP
    The stock market very funny one. If $Netflix(NFLX)$ financial reports come out as a good one, the stock will drop. Good news is bad. hahaha, don't copy hor, do homework hor. [Facepalm]
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    • Universe宇宙Replying toShyon: 
      [Chuckle] [LOL]
      04-19
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    • Shyon: 
      Can I copy your homework again? 😂
      04-19
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  • Takiho
    ·04-19
    What does Flat means? Between 1% and -1% or between 3% amd -3% or O gain or loss. Tiger need to specify clearly. Is 0.1% gain/loss considered flat?
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  • icycrystal
    ·04-19
    $Netflix(NFLX)$ it was at -.0.51%, does that mean flat? I voted flat...
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  • MasterStonker
    ·04-15
    Netflix is getting better and better
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  • onlyYou
    ·04-16
    fall
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