Netflix Earnings Preview: Analysts Expect Rising Revenue Over Previous Quarter

Netflix NFLX unveils its next round of earnings this Monday, July 25, 2011. Here is Benzinga's everything-that-matters guide for this Monday's second quarter earnings announcement.

Earnings and Revenue:

Wall Street expects a positive EPS reading of $1.11 per share and revenues of $790.5 million. We'll have to wait for Monday to see if Netflix falls in line with analyst expectations and reports an estimated increase in both EPS and revenue from the year-ago quarter.

Here's how the company's reported EPS has stacked up against analyst estimates in the past:

Quarter Q1 Q4 Q3 Q2
EPS Estimate $1.07 $0.71 $0.72 $0.70
EPS Actual $1.11 $0.87 $0.70 $0.80

Stock Performance:

As of July 19, 2011, Netflix's current share price was $287.29. Since January 1st, shares of Netflix have given investors a return of 63.5%.

Average Stock Rating:

The average rating by analysts for Netflix is a Hold. This rating has strengthened slightly over the past ninety days.

Competitors:

Looking for a sympathy stock to trade or interested in the performance of other companies in the same sector? Take a look at some of Netflix's peers.
  • Apple AAPL: Moderate Buy with a $6.40 recent quarter EPS
  • Amazon.com AMZN: Moderate Buy with a $0.44 recent quarter EPS
  • Comcast CMCSA: Moderate Buy with a $0.36 recent quarter EPS
  • Coinstar CSTR: Moderate Buy with a $0.46 recent quarter EPS

Netflix is in the internet commerce industry, which has experienced price/earnings growth of 1.4%.

Finally, a description of the company's main areas of operation: Netflix provides subscription service streaming movies and TV episodes over the Internet and by mail.

Take Action:

There is your peek into Netflix's upcoming earnings numbers, including some competitors to watch around the time of the announcement. Check back in with us after the announcement for a full recap of the announcement. In the meantime, here are some links to explore today.

  • To see up-to-date news on Netflix, click here
  • To see other trading ideas, click here
  • To see other company earnings recaps, click here
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