NFLX BEATS ALL EST. AND EPS BY 150% WOW BUT DONT MOVE ! WHAT !!!
Netflix Inc. (NFLX) revealed a profit for its fourth quarter that rose from last year.
The company's earnings totaled $0.59 billion, or $1.30 per share. This compares with $0.13 billion, or $0.30 per share, in last year's fourth quarter.
Analysts had expected the company to earn $0.53 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 30.5% to $5.47 billion from $4.19 billion last year.
-Earnings (Q4): $0.59 Bln. vs. $0.13 Bln. last year. -EPS (Q4): $1.30 vs. $0.30 last year. -Analysts Estimate: $0.53 -Revenue (Q4): $5.47 Bln vs. $4.19 Bln last year.
My views is the share will keep rising as the fears were clearly overblown from competitors. But somehow after-market do not t-react to the news yet
Lets see tomorrow to get a better feel from this excellent news !!! BRAVO NETFLIX
The company's earnings totaled $0.59 billion, or $1.30 per share. This compares with $0.13 billion, or $0.30 per share, in last year's fourth quarter.
Analysts had expected the company to earn $0.53 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 30.5% to $5.47 billion from $4.19 billion last year.
-Earnings (Q4): $0.59 Bln. vs. $0.13 Bln. last year. -EPS (Q4): $1.30 vs. $0.30 last year. -Analysts Estimate: $0.53 -Revenue (Q4): $5.47 Bln vs. $4.19 Bln last year.
My views is the share will keep rising as the fears were clearly overblown from competitors. But somehow after-market do not t-react to the news yet
Lets see tomorrow to get a better feel from this excellent news !!! BRAVO NETFLIX