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Strategies & Market Trends : "Whisper Numbers"

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From: drmicrocap	4/19/2016 10:27:50 AM
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Netflix beats 1Q profit forecastsNetflix tops 1Q net income expectations, misses revenue forecasts 18 hours ago CSX beats 1Q profit forecasts Associated Press Citigroup tops 1Q profit forecastsAssociated Press PepsiCo 1Q sales slip, miss Wall Street's view Associated Press Morgan Stanley tops Street 1Q forecastsAssociated Press BBCN Bancorp misses Street 1Q forecasts Associated Press One Simple Thing Diabetics Should Be Doing (watch) The Blood Sugar Secret Sponsored ? LOS GATOS, Calif. (AP) _ Netflix Inc. (NFLX) on Monday reported first-quarter earnings of $27.7 million. The Los Gatos, California-based company said it had profit of 6 cents per share. The results beat Wall Street expectations. The average estimate of 15 analysts surveyed by Zacks Investment Research was for earnings of 3 cents per share. The Internet video service posted revenue of $1.96 billion in the period, missing Street forecasts. Thirteen analysts surveyed by Zacks expected $1.97 billion. Netflix shares have decreased 5 percent since the beginning of the year, while the Standard & Poor's 500 index has increased slightly more than 2 percent. In the final minutes of trading on Monday, shares hit $108.65, an increase of 35 percent in the last 12 months. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NFLX at zacks.com

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