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Transfixed On Netflix; Six Flags Looking To Rise On SeaWorld’s Wave

Dan Berman
Hot Stock Minute

Netflix (NFLX) reports earnings after the closing bell. Analysts are expecting earnings of 18-cents a share, compared with a loss of 8-cents a year ago. Consensus is for revenue to top $1-billion, up about 17% from a year ago. Key here could be the success of "House of Cards," the company's biggest original series to date. It cost more than $100-million to produce. But creating new shows is a way around relying on expensive licensing deals. Netflix stock is up 140% in the past 6-months, and almost 80% year-to-date.

Next up is Six Flags (SIX) which is reporting earnings this morning. Of note here, its competitor SeaWorld (SEAS) went public again on Friday and made quite a splash closing up 24% on the day. As for Six Flags, it emerged from bankruptcy in mid 2010, and has been improving revenue ever since but could make investors as queasy as a rollercoaster. Analysts are calling for losses of $1.46 a share on about $68-million in revenue. That would actually be an improvement. Shares of the company have been trading just about $4 short of their 52-week high.

Texas Instruments (TXN) reports after the closing bell. The company has struggled in recent quarters with uncertainty and weak demand as it tries to focus more on its analog business. But there was encouraging news last week when the company declared it will be paying a quarterly dividend of 28-cents a share. Texas Instruments has in fact been trading near its 52-week high if only because it's been lifted by the tide of the overall market.

Finally, there's Gilead Sciences (GILD), which is also reporting today. Gilead rose nearly 5% on Friday, hitting a new 52-week high as one of its peers, Vertex (VTRX), climbed some 60%. Gilead develops treatment of life threatening diseases and dominates the market for HIV drugs. Analysts are looking for the company to post earnings of 50-cents a share, up 4-cents from last year on increased revenue of about $300-million.