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Technology Stocks : Netflix (NFLX) and the Streaming Wars
NFLX 1,132+1.0%1:32 PM EST

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To: ggamer who wrote (1747)10/12/2018 2:30:44 PM
From: Zen Dollar Round  Read Replies (1) of 2280
 
I think they will report a beat on revenue and EPS, but most importantly in subscriber growth. Given how badly the stock got hammered in July for missing even their own subscriber number guidance, I'm sure they doubled down on growing those numbers for Q3.

Whether subscriber growth will be good enough to please Mr. Market is another matter.

Missing growth numbers two quarters in a row would be unusual for Netflix and very damaging to the stock. A miss could drive it below $300 unless there is a rally into earnings taking it to at least $370 or so.

What are your thoughts? Anyone else have a prediction?
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