🔥Stock Prediction: How will Netflix close on 19/10 after its earnings?
Click to vote. Can you predict where $NFLX(NFLX)$ will move following their earnings? If you get the right answers, you can get 20 Tiger Coins. In addition, you have the chance of winning 100 Tiger Coins.$NFLX(NFLX)$ is scheduled to announce its Q3 earnings results after the stock market closes on Tuesday, 18 October 2022. Lets's guess where Netflix will move following their earnings?
🔙 Latest Results
In the last reported quarter,Netflix reported EPS of $3.20, versus the consensus estimate of $2.96. Revenue grew 9% year-over-year to $7.97 billion, slightly below the consensus estimate of $8.03 billion.📒Netflix Q3 earnings consensus
Wall Street forecasts that Netflix will report a 4.9% year-on-year rise in revenue to $7.849 billion in the third quarter. Net income at the bottom-line is expected to drop 19.9% to $1.052 billion.
💡Highlights of Netflix Q3 earnings preview
For the first time in a long time, investors may not be focused on Netflix's subscriber growth, looking instead for details around the launch of a nascent ad-supported tier, which will provide a new revenue stream and may reignite user growth.
Markets were wary when this plan was announced considering Netflix had repeatedly shunned the idea and claimed there was no ‘easy money’ to be made by venturing into the competitive world of advertising considering it is dominated by powerful players including Alphabet, Amazon and Meta. However, Disney announced that it was going to launch an ad-supported service back in March, when Netflix said ads did not feature in its plans, and this piled on more pressure.
The opinion around Netflix’snewad-supported tier has improved recently and investors are starting to warm to the idea that it could not only revive subscriber growth but improve profitability.
Though Netflix reiterated its 19-20% full-year operating-margin target, forex swings will hurt 3Q margin, likely trimming it to 16%. This is because 60% of revenue is in foreign currency, with almost all expenses dollar denominated. The company is reining in its content budget, suggesting substantial free cash flow growth in 2023, with consensus for $2 billion. For more information about Netflix Earnings Preview, please click here.
Netflix's Q3 2022 earnings call will be held on Tuesday, October 18, 2022, at approximately at 3:00 p.m. Pacific Time. Click here to set a reminder
💰Activity Details
- Click to vote. Guess where $NFLX(NFLX)$ will move following their earnings? If you get correct answers, you can get 20 Tiger Coins.
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⏰Event Time
The deadline for this event is 21:00 on Tuesday, 19 October 2022
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How will Netflix close on 19/10 after its earnings?(Single choice)Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
@吾修愛她一生 @huaer8497 @___1188 @agnis chye @Alvin_______ @_Healer @__明明__
Netflix,Inc.目前在视频流媒体服务方面面临着来自亚马逊、苹果和迪斯尼等竞争对手的激烈竞争。
然而，Netflix,Inc.刚刚在下个月的广告中宣布了一个更便宜的客户选择。
还有一个账户共享的问题，Netflix,Inc.说，全球共有1亿个账户共享。
Netflix,Inc.的股价今年以来大幅下跌了61%。
高通胀和经济放缓将使家庭面临削减可自由支配支出的压力。
华尔街分析师目前的共识是支持Netflix,Inc.。然而，目标价为295.76，未来12个月上涨27%。
我预测10月18日Netflix,Inc.的股价将在225到230之间的红区。
从长远来看，我相信Netflix,Inc.将能够从目前的问题中恢复过来，并再次成为在线流媒体服务的王者。
@Tiger_Earnings @MillionaireTiger @TigerStars
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However, advertising would definitely increase their revenue (the next question is price competition, how much revenue can it bring in?)
Perhaps after a while when the new customer-type has grown to critical size only then it's worth advertising? What do u think?
我覺得會下跌超過5%。$奈飛.US 首次遭遇訂閲用戶流失，共減少約 20 萬訂閲用戶。
奈飛在過去一年下跌了 63%，市場計入了奈飛線上流媒體市場趨近飽和（新增用戶增長在上一個季度繼續大幅下跌了 97 萬），收入增長大幅放緩。
@Tiramisu2020