What analyst predict for Netflix NASDAQ:NFLX?

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What analyst predict for Netflix NASDAQ:NFLX?

Netflix NASDAQ:NFLX headquartered in Scotts Valley, California, United States is reporting their earnings on 07/16/2018 before the bell. Street forecast for the quarter ending March 2018 is $0.8.

According to stock market daily analyst this is Lower then same time previous year. Netflix, reported EPS for the same quarter last year was $0.15.

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Overview of Netflix NASDAQ:NFLX

Netflix, Inc. is an American over-the-top media services provider, headquartered in Los Gatos, California. Founded in 1997 by Reed Hastings and Marc Randolph in Scotts Valley, California, the company’s primary business is its subscription-based streaming service, which offers online streaming of a library of films and television programs including those produced in-house.

Netflix’s initial business model included DVD sales and rental by mail, although Hastings jettisoned DVD sales about a year after Netflix’s founding to focus on the DVD rental business.In 2007, Netflix expanded its business with the introduction of streaming media, while retaining the DVD and Blu-ray rental service. The company expanded internationally, with streaming made available to Canada in 2010 and continued growing its streaming service from there; by January 2016, Netflix services operated in over 190 countries – it is available worldwide except Mainland China, Syria, North Korea and Crimea.

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