JUMP REPORT
NETLFIX (NFLX)
EARNINGS RELEASE - JULY 16 (AMC)
EARNINGS EXPECTATIONS:
THIS QTR: EPS: 1.81/share REV: 6,080/M
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LAST QTR: EPS: 1.65/share ACTUAL: 1.57/share (MISS)
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NEXT QTR: EPS: 2.00/share REV: 6,390/M
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FULL YR: EPS: 6.45/Share REV: 24,80/M
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BEAT/MISS RECORD: 69% OF THE TIME THEY BEAT ESTIMATES
PRIOR ‘JUMP ZONE’ MOVES (LAST 3 QTRS %) -4.8, -4.99, 7.19
EXPECTED JUMP MOVE THIS QUARTER: 12%
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*** With market volatility at extremes there is greater risk in trading these events which may not react as they would under normal market conditions. Please take extra caution before trading.
Links To Latest News and Headlines
Paramount on Monday made a $77.9 billion hostile takeover bid for Warner Bros. Discovery escalating its fight for the entertainment company against Netflix by bringing its case directly to Warner shareholders. Netflix on Friday agreed to buy Warner Bros. for $72 billion after Warner splits its studios and HBO Max streaming business from its cable networks.
Netflix (NFLX) and Paramount (PSKY) are fighting to buy parts of Warner Bros. Discovery’s (WBD) business. Solomon Partners’ head of media and entertainment, Mark Boidman, joins Asking for a Trend to discuss the importance of the deal for the media industry and explains what the antitrust regulator hurdles could look like. To watch more expert insights and analysis on the latest market action, check out more Asking for a Trend.
Netflix CEO Ted Sarandos brushed off Paramount Skydance’s attempt at a hostile takeover of Warner Bros. Discovery.
Netflix stock declined about 3% on Monday, as investors grew concerned that a Paramount bid could present challenges for Netflix’s plans to buy Warner Bros. Discovery assets.
US equity indexes fell on Monday, taking a breather near record highs, as gains in government bond y
StockJumpers analysis and trade plans are uploaded generally 1 HOUR BEFORE MARKETS CLOSE (3PM EST) for most events.
ANALYSIS:
StockJumpers trajectory analysis reveals a negative market reaction to the news release. It may be a simple as “Sell on the News” from the run up this month, even with an expected beat on the numbers.
We are biased SHORT.
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OUR TRADE PLAN:
ENTRY: SELL
STOP LOSS: N/A
INITIAL PROFIT TARGET: 6%
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TRADE ASSIST: N/A
POST RELEASE ACTION:
There is a significant amount of data behind the scenes involved in the analysis and trade plan tab above, that does not get put into the report. Too much information for traders often confuses things – so this is stripped down to only what is needed to make the best possible decision(s) on trading the trajectory.
Members who are too busy to manual trade can use Trade Assist. For more information visit here
Avg Daily Volume: 7,720,634 Market Cap: 223.31B
Sector: Services Short Interest: 2.63
Ticker delayed 20 minutes
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