Netflix Q1 2024 Earnings Preview: Grab rewards by guessing the opening price!
Netflix is releasing its Q1 2024 earnings after the market closes on April 18.
Since its Q4 earnings release, shares of $Netflix (NFLX.US)$ have seen an increase of 25%. Its implied move on the earnings date is 8.8%. How will the market react to the upcoming results? Make your guess now!
Rewards
● An equal share of 5,000 points: For mooers who correctly guess the price range of $Netflix (NFLX.US)$'s opening price at 9:30 AM ET on April 19 (e.g., If 50 mooers make a correct guess, each of them will get 100 points.)
(Vote will close on 8:00 AM ET Apr 19)
● Exclusive 300 points: For the writer of the top post on analyzing NFLX's earnings prospects.
Note:
1. Rewards will be distributed within 5-7 working days after the result's announcement.
2. Rewards can be used to exchange gifts at the Rewards Club (moomoo app>> Me>> Redeem Points).
3. The selection is based on post quality, originality, and user engagement.
1. Rewards will be distributed within 5-7 working days after the result's announcement.
2. Rewards can be used to exchange gifts at the Rewards Club (moomoo app>> Me>> Redeem Points).
3. The selection is based on post quality, originality, and user engagement.
Disclaimer: This material is for informational use only and is not a recommendation of any investment and should not be used as the primary basis of any investment decisions. There is no assurance that any estimates or price targets mentioned will occur. Investing involves risks. Past performance is not indicative of future results. Moomoo is a financial information and trading app offered by Moomoo Technologies Inc. In the U.S., Securities are offered through Moomoo Financial Inc., Member FINRA/SIPC. For AU users: AFSL 224663. All investments carry risks. Consider FSG before applying. Data and information displayed in these images are obtained from independent third-party sources. They do not constitute any financial advice, recommendation or solicitation to acquire or dispose financial products. All contents such as comments and links posted or shared by users of the community are the opinion of the respective authors only and do not reflect the opinions, views, or positions of Moomoo Financial Inc., Moomoo Technologies, any affiliates, or any employees of MFI, MTI or its affiliates. The reward selection shall be made upon moomoo's sole discretion and determination. Points may be redeemed only through the moomoo app and have no other value. See this link for more information.
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102362254 : 1. Financials: Netflix expects revenue of $9.28 billion and adjusted net income of $2.07 billion, with an EPS of $4.52.
2. Subscribers: $Netflix (NFLX.US)$ gained 260.28 million paid memberships globally in Q4 2023, a 12% increase from the previous year.
3. WWE Partnership: Netflix's deal with TKO Group Holdings to add WWE content, including "RAW," is significant.
4. Analysts' Forecast: Analysts predict Netflix's EPS to reach $15.42 next year, a 25.8% increase from last year.
Netflix's Q1 2024 earnings report is eagerly awaited, with attention on subscriber numbers, WWE programming, and continued growth prospects.
Edwar Dli : no reason to short it. rate cuts are coming.
Beezie : Above 640 after earnings
70056758 : due to economic headwinds, many subscribers tend to cut paid streaming services in favor of ad based freemium services
101632385 : overall market weakness
SnowTiger : Good earnings
17176666 : Definitely going up
102788690 : other factor affected..war..streaming
1016551418 : results will be below expectations
RetireInStyle : expecting good revenue fr NFLX
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