JUMP REPORT
| Avg Daily Volume: 8,490,778 Market Cap: 123.88B Sector: Services Short Interest: 3.61 |
EARNINGS EXPECTATIONS:
THIS QTR: EPS: 1.04/share REV: 5,250/M
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LAST QTR: EPS: .56/share ACTUAL: .60/share (BEAT)
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NEXT QTR: EPS: .81/share REV: 5,560/M
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FULL YR: EPS: 3.23/share REV: 20,200/M
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*These are the base metrics we will be watching against the actual release numbers
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BEAT/MISS RECORD: 69% OF THE TIME THEY BEAT ESTIMATES
PRIOR ‘JUMP ZONE’ MOVES (LAST 3 QTRS %) -11.62, 2.58, -4.6
EXPECTED JUMP MOVE: 8%
Links To Latest News and Headlines
A powerful right-wing Hindu group linked to India’s ruling party has called for curbs on streaming platforms and cryptocurrencies, saying regulation was essential. “There is a need to regularise these things for the larger good of the society,” said Mohan Bhagwat, head of the Rashtriya Swayamsevak Sangh, the ideological parent of Prime Minister Narendra Modi’s Bharatiya Janata Party. Streaming platforms like Netflix and Amazon’s Prime Video have faced lawsuits and police investigations, mostly in BJP-ruled states, for content deemed inflammatory and offensive to the country’s majority Hindu population.
The streaming media giant reportedly dismissed the worker over suspicions of leaking viewership and other data to the press. But the firing came days before the protest the employee was helping plan.
A year ago, Netflix Inc. investors were losing sleep over a raft of competition and a cooling of net subscriber growth following a torrid spurt of new subscriptions from homebound consumers. Now, sleep is coming easier for those with a piece of Netflix, and their dreams are about “Squid Game” and videogames.
Netflix terminated an unidentified staffer who shared “commercially sensitive information” with someone outside the company that was included in a Bloomberg news report, violating the streamer’s policies. The data included Netflix financial figures for Dave Chappelle’s “The Closer” stand-up special, which has stirred a major backlash both inside and outside the company over the comedian’s […]
Wall Street is counting on Netflix to report a bigger-than-forecast gain in new subscribers in the third quarter thanks to hit show “Squid Game.”
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ANALYSIS:
StockJumpers trajectory analysis reveals an initial pop up on the news, but then a sell off and the price moves down. The market reaction may be mixed and the metric being watched is new subscribers (domestic and international). Most analysts are bullish… and there is good news but overall we think it will fall by morning.
We are biased SHORT on the event.
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OUR TRADE PLAN:
ENTRY: SELL end of day
STOP LOSS: NA
INITIAL PROFIT TARGET: 8%
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TRADE ASSIST: NO
POST RELEASE ACTION:
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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 striped down to only what it needed to make the best possible decision(s) on trading the trajectory.
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