Strong EPS Gains Expected for Netflix (NFLX) in Q2, While Revs See Modest Bump
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Netflix (NFLX) Priced for Perfect Execution, Profit Taking Expected Post Q2
July 23, 2013 9:02 AM EDTJanney Capital analyst Tony Wible is sticking with his Buy rating and $250 price target on Netflix (NASDAQ: NFLX) following mixed Q2 results.
The firm notes EPS of $0.49 was above their $0.38 expectation, while revenue of $1.07B was just shy of their $1.08B estimates. Sub... More
Yahoo! (YHOO) Goes Way of Netflix (NFLX): Plans Live Video Feed of Q2 Call
July 15, 2013 9:44 AM EDTYahoo! (Nasdaq: YHOO) is taking a page from the Netflix (Nasdaq: NFLX) playbook.
According to... More
Netflix (NFLX) Earnings Videocast Draws More Criticism
July 11, 2013 2:44 PM EDTNeflix (Nasdaq: NFLX) has been criticized recently because of a plan by CEO Reed Hastings to have a moderated videocast instead of a quarterly earnings call. Hastings and CFO David Wells will discuss second-quarter results from the company's website after the close on July 22. The event will include analyst Richard Greenfield of BTIG and Julia Boorstin, a reporter for CNBC. This drew criticism from Wedbush's Michael Pachter.
"I'm not going to submit my questions in advance to a competitor or member of the press and let them screen them to determine whether they should be aired," Pachter said in an interview. "I know this is Reed being progressive and trying to trail-blaze, but I think this is going to stifle the conversation instead of making it more dynamic."
Pachter isn't the only analyst raising concerns. Rich Tullo of Albert Fried & Co took the matter one step further today. Instead of submitting questions to... More
