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Netflix Inc (NFLX) Earnings Preview: Will Streaming Service Beat Estimates In Third Quarter?

2013-10-21 50 Dailymotion

<p>After the closing bell on Thursday, Netflix, Inc. (NASDAQ: NFLX) is expected to report fiscal third-quarter earnings of 49 cents per share on revenue of $1.10 billion, according to analysts polled by Reuters, compared with a profit of 13 cents a share on revenue of $905.09 million in the year-ago period. Investors will be look for subscriber expansion and net additions.</p><p>On Monday, shares of Netflix rose 3.64 percent to 345.63 in morning trading.</p><p>U.S. stocks opened flat on Monday, as investors weighed the latest corporate earnings and look ahead to Tuesday’s delayed September jobs report. Before the bell on Monday, McDonald&#39;s Corp. (NYSE: MCD), Halliburton Co. (NYSE: HAL) and Hasbro, Inc. (NASDAQ: HAS) reported fiscal third-quarter earnings.</p><p>The Dow Jones industrial average fell 7.93 points, or 0.05 percent, at 15,391.72. The S&P 500 Index rose 0.58 points, or 0.03 percent, at 1,745.12. The Nasdaq Composite Index was up 10.70 points, or 0.27 percent, at 3,924.97.</p><p> </p><p>Video Credit: Reuters</p>

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