Netflix (Nasdaq: NFLX ) is expected to report Q1 earnings on April 22. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Netflix's revenues will grow 17.0% and EPS will turn positive
The average estimate for revenue is $1.02 billion. On the bottom line, the average EPS estimate is $0.20.
Last quarter, Netflix logged revenue of $945.2 million. GAAP reported sales were 8.0% higher than the prior-year quarter's $875.6 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 Q4 were 80% lower than the prior-year quarter's $0.64 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 26.4%, 790 basis points worse than the prior-year quarter. Operating margin was 2.1%, 600 basis points worse than the prior-year quarter. Net margin was 0.8%, 320 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $4.28 billion. The average EPS estimate is $1.22.
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 7,748 members out of 9,682 rating the stock outperform, and 1,934 members rating it underperform. Among 2,883 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 2,633 give Netflix a green thumbs-up, and 250 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 $66.41.
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