New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
January 22, 2013
12:54 EDTNFLXEarnings Preview: Netflix shares up over 42% since last earnings report
Netflix (NFLX) is expected to report Q4 earnings after the market close on Wednesday, January 23 with a conference call scheduled for 6:00 pm ET. Netflix is an Internet subscription service that allows members to watch TV shows and movies through DVD and on-demand streaming... EXPECTATIONS: Analysts are looking for EPS of (60c) on revenue of $934.37M. The consensus range is ($13.00)-2c for EPS, and $924.2M-$946M for revenue, according to First Call... LAST QUARTER: Netflix reported Q3 EPS 13c against estimates of 4c on revenue of $905M against estimates of $908.89. The company gave a forecast of Q4 EPS (23c)-4c, expecting Domestic Streaming subscribers to reach 26.4M-27.1M and International Streaming subscribers to reach 5.2M-5.9M. At the Q3 earnings conference call, Netflix said the 7M subscription growth prediction was a "forecasting error". It also expected greater subscriber additions in Q4 and Q1 than in Q2 and Q3. It had no plans to raise subscription prices or change its price point at this time... STREET RESEARCH: Analysts in recent weeks have raised Netflix's price target and upgraded the company's rating. Janney Capital and Morgan Stanley, for example, cited the company's "positive" deal with Disney (D) and their reduced expectations in the past few quarters. Piper Jaffray also noted an increase confidence in the company's ability to maintain competitive differentiation while holding the best movie and TV subscription library. BofA/Merrill, however, remains skeptical given Netflix's fundamentals and overblown acquisition speculation. Northland Securities reiterated Netflix at Underperform, saying HBO's (TWX) extension with Universal increases the competitive environment for content... PRICE ACTION: Netflix shares have risen more than 42%, since the first day of trading following the company's Q3 report. In Tuesday mid-day trading ahead of the Q4 report, Netflix shares are down almost 2%.
News For NFLX From The Last 14 Days
Check below for free stories on NFLX the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | all recent NFLX news | >>
April 8, 2014
07:28 EDTNFLXFour Internet stocks attractive after pullbacks, says Stifel
Subscribe for More Information
April 7, 2014
16:01 EDTNFLXOptions Update; April 7, 2014
Subscribe for More Information
10:00 EDTNFLXOn The Fly: Analyst Upgrade Summary
Agios Pharmaceuticals (AGIO) upgraded to Overweight from Neutral at JPMorgan... Alcoa (AA) upgraded to Hold from Sell at Deutsche Bank... Align Technology (ALGN) upgraded to Outperform from Market Perform at Barrington... Analog Devices (ADI) upgraded to Neutral from Sell at Goldman... B&G Foods (BGS) upgraded to Outperform from Sector Perform at RBC Capital... Citigroup (C) upgraded to Neutral from Underweight at HSBC... Intel (INTC) upgraded to Outperform from Sector Perform at Pacific Crest... JetBlue (JBLU) upgraded to Neutral from Sell at Goldman... Kindred Healthcare (KND) upgraded to Outperform from Sector Perform at RBC Capital... Lennox (LII) upgraded to Outperform from Market Perform at Wells Fargo... Newmont Mining (NEM) upgraded to Hold from Sell at Deutsche Bank... PBF Energy (PBF) upgraded to Buy from Neutral at Citigroup... Renasant (RNST) upgraded to Outperform from Market Perform at Raymond James... Select Medical (SEM) upgraded to Outperform from Sector Perform at RBC Capital... Ultra Petroleum (UPL) upgraded to Outperform from Market Perform at Raymond James... Under Armour (UA) upgraded to Buy from Neutral at Sterne Agee... Hercules Technology (HTGC) upgraded to Buy from Hold at Sandler ONeill... Standard Pacific (SPF) upgraded to Outperform from Market Perform at Raymond James... Yelp (YELP) upgraded to Outperform from Perform at Oppenheimer... Netflix (NFLX) upgraded to Outperform from Perform at Oppenheimer... Pandora (P) upgraded to Outperform from Neutral at Wedbush.
09:34 EDTNFLXActive equity options trading on open
Subscribe for More Information
07:09 EDTNFLXNetflix upgraded to Outperform from Perform at Oppenheimer
Oppenheimer upgraded its rating on Netflix (NFLX) shares to Outperform with a $419 price target citing the recent pullback in shares. Opco sees an attractive risk/reward profile at current share levels.
06:41 EDTNFLXMicrosoft pushes for programming to rival Amazon, Netflix, Bloomberg says
Subscribe for More Information
April 6, 2014
14:21 EDTNFLXYahoo plans to acquire bigger budget TV programming, WSJ says
Subscribe for More Information
April 4, 2014
17:12 EDTNFLXMarket finishes mixed as Nasdaq sells off into weekend
Subscribe for More Information
16:30 EDTNFLXOn The Fly: Closing Wrap
Subscribe for More Information
16:00 EDTNFLXOptions Update; April 4, 2014
iPath S&P 500 VIX Short-Term Futures up 89c to 41.88. Option volume leaders: AAPL C P NFLX LNG BAC INTC TSLA TWTR according to Track Data.
10:10 EDTNFLXNetflix April volatility elevated as shares trend to nine-week low
Subscribe for More Information
09:52 EDTNFLXNetflix downtrend accelerates, levels to watch
Subscribe for More Information
09:36 EDTNFLXActive equity options trading on open
Active equity options trading on open according to Track Data: AAPL TSLA MU GNK AMZN FB GILD MA NFLX
April 3, 2014
12:32 EDTNFLXNetflix heads for support test at $350 area
Subscribe for More Information
April 2, 2014
16:21 EDTNFLXOn The Fly: Closing Wrap
Subscribe for More Information
16:00 EDTNFLXOptions Update; April 2, 2014
Subscribe for More Information
13:46 EDTNFLXNetflix heads lower, levels to watch
The shares have been steadily declining for the last hour, last at $359.97. At that price next immediate support is at the session low of $358.46. A more important test is at $352.06. A break below $350 would breach an important technical level which had been resistance prior to the run up to the life high early last month. Resistance is at $364.69, the prior session close.
11:22 EDTNFLXAmazon says Fire TV remote control uses bluetooth
Subscribe for More Information
09:55 EDTNFLXReport: Netflix to launch in France from Luxembourg, Variety says
Subscribe for More Information
06:18 EDTNFLXHulu, Comcast expected to strike deal for past NBCU shows, WSJ reports
Subscribe for More Information
1 | 2 | all recent NFLX news | >>

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use