343.56 -56.92 (-14.21%)
After hours: 4:46PM EDT
|Bid||346.19 x 800|
|Ask||345.89 x 900|
|Day's Range||391.75 - 403.36|
|52 Week Range||160.02 - 423.21|
|PE Ratio (TTM)||268.42|
|Earnings Date||Jul 16, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||382.60|
The news set Netflix's stock down in after-hours trading.
Netflix is the first FAANG stock to report earnings. Yahoo Finance's Seana Smith, Andy Serwer, Julia La Roche, and Dan Howley discuss.
Bank stocks are seldom the hottest sector in the market but Monday they single-handily helped to hold up the senior indices. , which is seeing a very negative response to its earnings report. Earnings per share was ahead of expectations and revenues were in line but third-quarter estimates were cut and, most importantly, new subscriber additions missed the mark with 5.1 million additions versus guidance of 6.2 million.
Netflix Inc missed Wall Street forecasts for U.S. and international subscribers, saying it had overestimated the pace of new additions for April through June but remained confident in long-term growth. ...
(Reuters) - Netflix Inc missed Wall Street forecasts for U.S. and international subscribers, saying it had overestimated the pace of new additions for April through June but remained confident in long-term ...
Netflix Inc's stock (NFLX) sunk 13% in after-hours trade Monday, after the streaming company missed second-quarter subscriber expectations and provided an weaker-than-expected third-quarter outlook. The streaming giant announced it had added a net 5.15 million subscribers, below the FactSet consensus of 6.2 million. Net income for the latest quarter rose to $384 million, or 85 cents a share, up from $66 million, or 15 cents a share, in the same quarter a year ago, ahead of the FactSet consensus of 79 cents.
Netflix Inc. (NASDAQ: NFLX) is the world's largest online video streaming service and domestic DVD-by-mail delivery service. The company has evolved into an internet television network creating its own brand of movies, series, and documentaries. The stock came under pressure after the company reported its Q2 2018 earnings on July 16, on account of slower than expected US subscriber growth.
On a per-share basis, the Los Gatos, California-based company said it had profit of 85 cents. The results topped Wall Street expectations. The average estimate of 19 analysts surveyed by Zacks Investment ...
By contrast, in the first quarter, Netflix blew away expectations for both national and international subscriber growth. In addition, for the third quarter, Netflix guided for five million subscriber additions (650,000 in the U.S. and 4.35 million international), below a consensus of around six million. TheStreet's tech columnist, Eric Jhonsa, is analyzing the company's earnings after the close and then a "video interview" with Netflix executives that's scheduled to begin streaming at 6 p.m. Eastern time.
Shares of Netflix (NFLX) dropped sharply in late trading this afternoon, after the company reported Q2 revenue that missed analysts' expectations, and the company's own forecast, and profit better than expected, and missed by a wide margin with its subscriber additions. Chief Executive Reed Hastings, in a letter to shareholders, called it a "strong but not stellar Q2." Hastings reminded investors that forecasting subscribers is not always accurate: As a reminder, the quarterly guidance we provide is our actual internal forecast at the time we report and we strive for accuracy, meaning in some quarters we will be high and other quarters low relative to our guidance. This Q2, we over-forecasted global net additions which amounted to 5.2m vs. a forecast of 6.2m and flat compared to Q2 a year ago, as acquisition growth was slightly lower than we projected.
See who joins Twitter and Abiomed on this list of stocks expecting 50% or greater earnings growth in their next quarterly report.
Netflix added 5.2 million users in the second quarter, about a million fewer than the company predicted. Netflix’s stock has surged to record highs in recent months because investors believe the company will add tens of millions of customers around the world for years to come. Netflix released a thin slate of shows in the quarter, relative to its typical output.
LOS GATOS, Calif. , July 16, 2018 /PRNewswire/ -- Netflix, Inc. (NASDAQ: NFLX) has released its second-quarter 2018 financial results by posting them to its website. Please visit the Netflix investor ...
Netflix missed its subscriber addition projections for the first time in five quarters, leading shares to tumble. Netflix NFLX missed its subscriber addition projections for the first time in five quarters, leading shares to tumble more than 14 percent.
As Netflix continues to dominate the streaming industry, the stock continues to rise. Netflix is a cultural juggernaut, starting as a movie-sharing service and becoming a haven for original online programming. Who Owns Netflix?
While pharmaceutical companies often make it into such lists, the inclusion of a body-cam business and a small e-commerce player may surprise you.
Here are some things going on today in the world of tech: People are still debating Broadcom’s (AVGO) announcement last week it will spend $19 billion to acquire software maker CA (CA), with a healthy debate over the merits and drawbacks of the deal. Broadcom shares are up $1.88, or 0.9%, at $204.34, while CA is down 3 cents $44.04, just below the deal’s offer price of $44.50. For the bullish view, Piper Jaffray’s Harsh Kumar reiterates an Overweight rating on Broadcom stock, and a $293 price target, after having talked to CFO Tom Krause on Friday, a chat that left him “extremely comfortable with the CA acquisition." "In our humble opinion, it may end up being one of Broadcom’s best acquisitions over the last several years." Kumar writes that Broadcom will tweak some things, leaving others alone.
Ryan McQueeney recaps the morning's top market news, including earnings announcements from Bank of America (BAC) and BlackRock (BLK), as well as June's retail sales data. Later, the host gives investors everything they need to know about Netflix (NFLX) ahead of its earnings report Monday afternoon.
The large-cap tech powerhouses Facebook, Inc. (NASDAQ: FB ), Amazon.com, Inc. (NASDAQ: AMZN ), Netflix, Inc. (NASDAQ: NFLX ) and Alphabet Inc (NASDAQ: GOOGL ) (NASDAQ: GOOG ) — collectively "FANG" ...