Netflix (NASDAQ:NFLX) will be releasing last fiscal quarter's results after the closing bell on April 23, 2012. We can review how Netflix has executed for investors recently. Netflix trades an average of 4.6 million shares per day and has a market cap of $5.9 Billion.
Book Value: $11.60
Float Short: 17.03%
What To Expect:
For the current quarter, management expects loss per share to be in the range of 49 cents to 16 cents. The Zacks Consensus EPS Estimate is pegged at a loss of 27 cents per share. Net loss is expected to be in the range of $27.0 million to $9.0 million.
Domestic and International revenue is expected to be in the range of $496.0 million to $511.0 million and $38.0 million to $44.0 million, respectively. Domestic DVD revenue is expected to be in the range of $308.0 million to $322.0 million for the first quarter of 2012. For the quarter, the Zacks Consensus Estimate projects Netflix to earn revenues of $867 million.
Management expects subscribers in the consolidated domestic market and in the international market to range from 22.8 million to 23.6 million and from 2.5 million to 3.1 million, respectively. The U.S. DVD subscriber base is expected to be in the range of 9.4 million to 10.0 million.
Management expects the subscriber growth to be negatively impacted by increasing attrition rate in the DVD segment. However, management expects strong growth in streaming customer base in both US and International in 2012.
From a month ago, the stock has decreased in price -6.96%, with a change from a year ago of -54.13%.The stock is performing extremely well when compared to the general stock market up to this point. When comparing to the S&P 500, the year up to date positive change is 39.66%.
The bottom line has rising earnings year-over-year of $226.13 million for vs. $160.85 million for .The company's earnings before interest and taxes are rising with an EBIT year-over-year of $376.07 million for vs. $283.64 million for .The short interest is relatively high at 17.03%.
Domestic and International revenue is expected to be in the range of $496.0 million to $511.0 million and $38.0 million to $44.0 million, respectively. Domestic DVD revenue is expected to be in the range of $308.0 million to $322.0 million for the first quarter of 2012. For the quarter, the Zacks Consensus Estimate projects Netflix to earn revenues of $867 million.
Management expects subscribers in the consolidated domestic market and in the international market to range from 22.8 million to 23.6 million and from 2.5 million to 3.1 million, respectively. The U.S. DVD subscriber base is expected to be in the range of 9.4 million to 10.0 million.
Management expects the subscriber growth to be negatively impacted by increasing attrition rate in the DVD segment. However, management expects strong growth in streaming customer base in both US and International in 2012.
From a month ago, the stock has decreased in price -6.96%, with a change from a year ago of -54.13%.The stock is performing extremely well when compared to the general stock market up to this point. When comparing to the S&P 500, the year up to date positive change is 39.66%.
Netflix, Inc. (NFLX) is closed over $106 on Friday. Netflix Inc (NFLX) will have resistance located at $123 followed by $133 which lat high.Netflix Inc (NFLX) is a buy below $90 all depend how the earning on Monday.Netflix Inc (NFLX) will have support area $98 for short term.
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