Netflix (NFLX) To Report Q2 Results on July 21; Street Sees EPS Growth of 133%

Netflix (NASDAQ: NFLX) set July 21, 2014 as its second quarter earnings date. Analyst on average are looking for the streaming video giant to report EPS of $1.14 on revenue of $1.34 billion, representing growth of 133% and 25% from last year.

The company will post its quarter results at 4:05PM ET on its investor relations website at http://ir.netflix.com

Netflix was recently upgraded at Morgan Stanley as they see upside to consensus revenue. The firm said by 2020E, they believe Netflix can achieve ~55mm US members as churn declines over time and NFLX increases penetration of broadband households.

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