I analyze oil and gas companies, related companies, and Neflix in my service, Oil & Gas Value Research, where I look for undervalued names in the oil and gas space. I break down everything you need to know about these companies -- the balance sheet, competitive position and development prospects. This article is an example of what I do. But for Oil & Gas Value Research members, they get it first and they get analysis on some companies that is not published on the free site. Interested? Sign up here for a fr ...

Key TakeawaysNetflix shares jumped 5% in extended trading on Thursday after the streaming giant topped Wall Street’s third quarter estimates and issued a strong revenue outlook.The stock has traded in a rising wedge since late June, with the price recently retracing to the pattern’s lower trendline and 50-day moving average ahead of the company's quarterly results.Investors should monitor key overhead levels on the Netflix chart around $735 and $860, while also watching key support areas near $688 and $635. ...

(Photo by Chesnot/Getty Images)Getty ImagesNetflix, which has seen share prices rocket back to pandemic-era heights over the past few months, reported another 5.1 million subscribers today, puffing up its global customer base to nearly 283 million. That keeps it easily as the biggest streaming service on the planet. But so what?Yes, the number topped Wall Street analyst estimates by 1 million new subscribers, along with beats on top- and bottom-line earnings. And yes, it represents a 42-percent decline in s ...

Analyst’s Disclosure: I/we have a beneficial long position in the shares of NFLX either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any i ...

Thursday, October 17th, 2024Markets cooled off today, quickly dropping shortly after the opening bell this morning. In fact, the small-cap Russell 2000, which outshone the major indexes yesterday, fell into negative territory early and stayed there virtually all session. Among the four major indexes, it’s hard to get flatter than this: the Dow was up +162 points, +0.38% (to a fresh all-time closing high of 43,240), but the Russell was -0.31%. The S&P 500 came in -0.012% while the Nasdaq was up +0.035%.Econ ...

Netflix, Inc. (NASDAQ:NFLX) Q3 2024 Earnings Conference Call October 17, 2024 4:45 PM ET Company Participants Spencer Wang - VP of Finance, IR and Corporate Development Ted Sarandos - Co-CEO Greg Peters - Co-CEO Spencer Neumann - CFO Conference Call Participants Spencer Wang Good afternoon, and welcome to the Netflix Q3 2024 Earnings Interview. I'm Spencer Wang, VP of Finance, IR and Corporate Development. Joining me today are Co-CEOs, Ted Sarandos and Greg Peters; and CFO, Spence Neumann. As a reminder, we ...

Netflix makes money. A lot of money.This is not news now. But a few years ago, when the company was burning billions a year, it wasn't a foregone conclusion.Good luck, would-be Netflix competitors! Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Go to newsletter preferences Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. Email address By clicki ...

For the quarter ended September 2024, Netflix (NFLX) reported revenue of $9.82 billion, up 15% over the same period last year. EPS came in at $5.40, compared to $3.73 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $9.77 billion, representing a surprise of +0.60%. The company delivered an EPS surprise of +6.09%, with the consensus EPS estimate being $5.09.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they ...

Netflix (NFLX) came out with quarterly earnings of $5.40 per share, beating the Zacks Consensus Estimate of $5.09 per share. This compares to earnings of $3.73 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 6.09%. A quarter ago, it was expected that this internet video service would post earnings of $4.70 per share when it actually produced earnings of $4.88, delivering a surprise of 3.83%.Over the last four quarters, the com ...

After delivering a solid third-quarter earnings report, Netflix execs fielded the question top of mind for most investors (though definitely not for inflation-wracked subscribers): When will they raise prices in the U.S.? “Our approach to pricing has been remarkably consistent over many, many years,” Co-CEO Greg Peters said. “Our core theory is, we’ve got to work really, really hard to make sure we are delivering more value to members every quarter. Then, we assess based on how that’s going, through metric ...