Inside NFLX’s Results
The company reported earnings of $83.4 million, or $1.35 per share, up from $48.4 million, or 79 cents per share, last year. On average, analysts expected to see EPS of 45 cents per share.
Revenue rose to $1.48 billion from $1.18 billion a year ago. Analysts expected to see revenue of $1.48 billion.
Big Price Swings Normal for NFLX
In its most recent report, Netflix reported that its international subscriptions growth has exceeded its growth in the U.S. Despite the excitement over this growth, the stock is extremely expensive from a valuation standpoint.
Mutual Funds to Watch
|VTSMX||Vanguard Total Stock Mkt Index||1.58%|
|PRGFX||T. Rowe Price Growth Stock||1.45%|
The Bottom Line
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