This stock has been chosen as a JUMP candidate for its upcoming earnings catalyst that is likely to move the stock between 5-20% post release. To conduct further research on the financials, analyst views and pivot points visit the Inside Mole research tool. This report is based on our analysis and opinions and the trade plan is how we intend to trade this event. As a self-directed trader you may decide to take a different approach to this event. For details on how we trade these events watch the video below.
Target: Netflix, Inc. (NFLX)
Earnings Release Date: 4/16/18 (After Market Close)
Position Entry Time: (at or near EOD-end of day)
Netflix, Inc. (NFLX) will be posting its FQ1-18 quarterly earnings results today at close. [NFLX] is expected to post earnings of $.63 per share on revenue of $3689 Million. In the last quarter, the company reported $.41 earnings per share MEETING the analysts’ consensus estimate of $.41 The stock is currently trading at $311.65 per share.
Last 3 Quarters – “Jump Zone” Move: 13.23%, -2.42%, 14.4%
Consensus Estimates: ($.64 whisper) ($.65 estimize) ($.63 wall street)
(** always check in the trade room 30 minutes prior to close for last minute trajectory updates)
ANALYSIS: StockJumpers trajectory analysis reveals mixed investor sentiment. We think the numbers will be great, with some slowing on domestic subscribers. They don’t need to make money on bottom line for this stock to go up, but its already close to its all time highs reached in March. We get more of a see-saw reaction on the outcome. Subscriber levels are positive but the bottom line numbers may not be so much. We think it will spike from any lows on the day but not sustain and the overall play is short as investors take profit on this one. This is a great company but needs a little correction on this overbought stock.
We are overall SHORT for the event – but expecting an initial spike and see-saw on the way down. The Trade Room will have updated news and moves.
(Note: This is an after-market release – today)
TARGET ‘JUMP ZONE’ POTENTIAL: 7-10%
CONFIDENCE RANKING: 8
POTENTIAL OPTIONS CONTRACT: NONE
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