Facebook Qtrly Revenue Growth (yoy): 51.70%
Apple Qtrly Revenue Growth (yoy): 1.70%
He was actually pretty bullish: ...“We believe expectations for growth have been reset, and catalysts rebuilding for Netflix, after a negative catalyst period (global rollouts completed ex-China and Q2 seasonality not modeled right by the Street),” Mitchelson said in a report.
Netflix should show stronger international growth the rest of the year, exiting the seasonally weak first half, he said.
Profit margins in the second half of the year “should ramp aggressively” as price increases flow through to the bottom line and global rollout costs ease, he said.
Mitchelson predicts that Netflix will penetrate 60% of U.S. broadband homes by 2020 (61.3 million subscribers) and 13.8% of international broadband homes by 2020 (101.4 million subscribers).
“We believe Netflix’s core competencies in both content and technology will drive a virtuous circle of greater subscribers and increased viewing time, enabling higher ARPU (average revenue per user), which will fuel increased content spending and attract/retain more subscribers globally,” he said.
The bar is set pretty high imo. Estimates may be a little unrealistic if they only posted 1.32 last Q and expectations are for like 1.78 this Q. They will have to report flawlessly. However they were @160 not long ago so the stock has already fallen off. Only thing that really bothers me about BWLD is the damned volatility in share price.
These frickin analysts and their bogus production cuts have managed to shave almost $7.00 off share price. Unlike Google, Apple is going into the call battered down. Shouldn't be down if they disappoint but for some reason they seem to hate America's best valued company. Go figure!
MCD might be the only stock that will carry the dow today since we've had some terrible earnings misses last night and this morning. You'd think BWLD would follow MCD's lead! If I could ever figure this crazy game out I'd be rich!
Something is going to happen going into close. Not sure which direction but I got this gut feeling she's gonna push hard toward the close.
Good news. Near-term resistance is 108.90 then perhaps we'll push back above the 200 sma that the analysts blew down! GL
Wingstop is more takeout and can't see how they compete as I don't think there'd be any alcohol sales. Beer is what drives revs in BWLD. Dave and Buster's maybe. I just don't see the correlation but maybe the street does. Already down 16% ytd. Alot more fairly valued than it was. #$%$!