Netflix Reports Q1 2017 Results After The Bell - What To Expect
Netflix, Inc. (NFLX) reports April 17, after the market closes. The online content streaming service kicks off earnings in about an hour.
Currently the Estimize community is expecting EPS of $0.38, in-line with the Street which would result in YoY growth of 535%. EPS estimates have increased 107% since Netflix’s last quarterly report. Historically the company has beaten the Estimize consensus 83% of the time.
Revenues are anticipated to come in at $2.645, only $4M higher than the sell-side estimate, indicating YoY growth of 35%. Netflix has only beaten the Estimize revenue consensus 36% of reported quarters.
Historically NFLX stock moves up 5% in the 30-day post earnings period.
Disclosure: There can be no assurance that the information we considered is accurate or complete, nor can there be any assurance that our assumptions are correct.
Thanks for the quick update Leigh, this has been informative.