​Netflix Stock Jumps After Beating Across The Board, Adding 5 Million New Subs – Tyler Durden

Netflix Stock Jumps After Beating Across The Board, Adding 5 Million New Subs Lots of eyes into NFLX earnings tonight, not only because it is the first “tech” company reporting, but because its stock has underperformed as of late post a big run YTD. According to Goldman, investors are looking for ~6mn subs in quarter, upside to FY FCF guide of ~6bn and then a revenue guide for 4Q that is inline-ish with the street (as a reminder, they don’t guide subs anymore). Goldman has NFLX at 8.5 on 1-10 positioning scale, which needless to say is quite long and…  — Continue at ZeroHedge News : Read More