David Joyce, Seaport Research Partners senior analyst, says Netflix’s full-year forecast reinforces that the company is still a growth stock, despite giving a forecast for the second quarter that fell short of analysts expectations. He speaks on “Bloomberg The Close.”
Earnings per share for the quarter were $1.23 compared with estimates of 76 cents.
Netflix forecast earnings per share of 78 cents, less than the 84 cents predicted by Wall Street analysts.
Netflix Co-Founder Reed Hastings to Leave Board in June
#tech #stockmarket #earning #netflix
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No growth. Throw it into SCHD
We canceled ours. Nothing is good there anymore.
Bts comeback live and documentary did not help with Q2’s numbers? 🙈
Netflix is still a buy. Netflix is to movies as Google is to search!! Besides, people will ALWAYS find time to watch their movies and pay for it even if subscriptions increase.
Every web series on Netflix feels unwatchable due to an excessive focus on messaging (LGBTQRSTUVWXYZ). It often seems like characters and elements are forced into the story. I miss when Netflix was more story-driven rather than relying on forced themes.
Netflix has hit a wall. Programs are week. 100% repeats. Half, non faimly values. Not everyone is gay. Half in a language I don’t understand.
Looking to replace. Samsung is just as good and it is free .
People ditching netflix because of the continuous price hikes