Netflix Surging Ahead Of Earnings Results

Netflix NFLX is set to release its quarterly earnings results after the closing bell on Monday. Analysts are anticipating that the company will report earnings per share of $1.11 compared to $0.80 in the year ago period. Revenues are expected to be up 52.30% to $791.48 million versus $519.82 million in last year's corresponding quarter. Heading into the print this afternoon, NFLX shares have added 1.78% to $281.45 despite a weak broader market.