The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Netflix's revenues will grow 6.8% and EPS will shrink to a loss.
The average estimate for revenue is $934.9 million. On the bottom line, the average EPS estimate is -$0.14.
Last quarter, Netflix booked revenue of $905.1 million. GAAP reported sales were 10% higher than the prior-year quarter's $821.8 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, EPS came in at $0.13. GAAP EPS of $0.13 for Q3 were 89% lower than the prior-year quarter's $1.16 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 26.8%, 790 basis points worse than the prior-year quarter. Operating margin was 1.8%, 1,000 basis points worse than the prior-year quarter. Net margin was 0.8%, 680 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $3.60 billion. The average EPS estimate is $0.02.
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 7,795 members out of 9,583 rating the stock outperform, and 1,788 members rating it underperform. Among 2,582 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 2,291 give Netflix a green thumbs-up, and 291 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Netflix is hold, with an average price target of $71.40.
Looking for alternatives to Netflix? It takes more than great companies to build a fortune for the future. Learn the basic financial habits of millionaires next door and get focused stock ideas in our free report, "3 Stocks That Will Help You Retire Rich." Click here for instant access to this free report.
- Add Netflix to My Watchlist.