In the most recent buying and selling session, Netflix (NFLX) closed at $302.50, marking a -1.58% t
In the most recent buying and selling session, Netflix (NFLX) closed at $302.50, marking a -1.58% transfer from the day before today. This transfer lagged the S&P 500’s each day lack of 0.32%. In the meantime, the Dow misplaced 0.38%, and the Nasdaq, a tech-heavy index, misplaced 0.4%.
Coming into at this time, shares of the web video service had gained 6.14% up to now month. In that very same time, the Shopper Discretionary sector gained 5.47%, whereas the S&P 500 gained 2.51%.
Buyers shall be hoping for energy from NFLX because it approaches its subsequent earnings launch. On that day, NFLX is projected to report earnings of $0.52 per share, which might signify year-over-year development of 73.33%. In the meantime, our newest consensus estimate is looking for income of $5.44 billion, up 29.92% from the prior-year quarter.
For the complete yr, our Zacks Consensus Estimates are projecting earnings of $3.35 per share and income of $20.13 billion, which might signify modifications of +25% and +27.44%, respectively, from the prior yr.
It’s also…