SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Netflix (NFLX) and the Streaming Wars
NFLX 109.97-3.6%3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: Zen Dollar Round4/21/2014 6:32:57 AM
   of 2280
 
What to look for in Netflix’s earnings Monday

Streaming video leader expected to report gains in earnings and sales

By Rex Crum, MarketWatch


Bloomberg

SAN FRANCISCO (MarketWatch) — Netflix Inc. is on tap to release its first-quarter results after the close of trading Monday. Here are some items to look for.

Earnings: Analysts surveyed by FactSet estimate Netflix NFLX +4.32% will earn 81 cents a share, compared with earning of 31 cents a share, excluding one-time items, in the same period a year ago. The company has forecast earnings of 78 cents a share for its first quarter.

Revenue: Netflix is forecast to report sales of on $1.27 billion, up from last year’s first-quarter revenue of $1.02 billion.

Stock reaction: Investors who bought Netflix a year ago have looked intelligent as the company’s shares have more than doubled to $345.74. But Netflix’s shares have pulled back by more than 24% since reaching a 52-week high of $458 on March 6.

Key points: Whatever Netflix has to say about new streaming-video subscribers, particularly those in the U.S., will affect investor sentiment. The company ended its fourth quarter with 33.4 million U.S. streaming subscribers, and Netflix has estimated it will add 2.25 million domestic members during its first quarter.

Other issues: Competition from the likes of Amazon.com Inc. AMZN +0.38% , which is battling Netflix for exclusive and original content, continues to be one of the main issues. Anything Netflix might say about increased content-acquisition costs will have a bearing on its outlook.



Rex Crum is a reporter for MarketWatch in San Francisco. Follow him on Twitter @mktwcrum.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext