Archives of “April 17, 2019” day

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Netflix EPS $0.76 vs $0.57 estimate

  
  Analysis

Revenues $4.52B vs $4.5B estimate

  • earnings-per-share $.76 versus $.57 estimate
  • revenues of $4.52 billion versus $4.5 billion estimate
  • sees 2nd quarter streaming paid net change +5M versus estimate 6.09 million
  • See 2nd Quarter revenues of $4.93 billion vs estimate $4.95 billion
  • adds 1.7 million domestic paid subscribers in Q1
  • adds 7.86 million international paid subscribers  in Q1
  • does not expect entrance of Disney and Apple into online streaming to affect growth

US stocks give up most of gains but major indices end the day higher.

  
Analysis, US Market

Netflix earnings after the close

The major stock indices have given up a lot of their gains on the back of concern about North Korea.  Nevertheless, the major indices are ending the session higher.
The final numbers are showing:
  • The S&P is up 1.57 points or 0.05% at 2907.16
  • THe Nasdaq is up 24.215 points or 0.30% at 8000.22
  • The Dow is up 68.16 points or +0.26% at 26452.79
Netflix will report after the close.  They are expected to report earnings of $0.57. The reported EPS for the same quarter last year was $0.64. Revenue is expected at  $4.5B
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