Book Value: $11.60
Float Short: 17.03%
What To Expect:
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%.
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