NFLX Nov 2024 430.000 put
| Previous close | 0.7200 |
| Open | 0.7200 |
| Bid | 0.0800 |
| Ask | 0.4400 |
| Strike | 430.00 |
| Expiry date | 2024-11-15 |
| Day's range | 0.7200 - 0.7200 |
| Contract range | N/A |
| Volume | |
| Open interest | 51 |
- Yahoo Finance Video
Netflix is 'the 800-pound gorilla' of streaming: Strategist
Netflix (NFLX) is set to report its third quarter earnings Thursday, with Wall Street anticipating revenue of $9.77 billion and adjusted earnings per share of $5.16. Annandale Capital founder and chairman George Seay joins Catalysts to discuss these lofty expectations and the streaming giant's potential to outperform. Seay characterizes Netflix as "a great metaphor" for the broader stock market, particularly the Nasdaq Composite index (^IXIC). He emphasizes that the company must exceed expectations to maintain its momentum, though it is at the mercy of overall market trends. "This is one of the must-own companies, but if you don't own it yet, you probably have time to get in once it corrects at some point," Seay states. "We don't know what's going to happen, but it's almost like the market is priced right now where everything's got to go right for everything to keep going up, including Netflix." Regarding competition, Seay labels Netflix as "the 800-pound gorilla," noting that the company's rivals are "inept" in comparison. This dominance, he argues, creates an enormous amount of pricing power for Netflix. "The execution is outstanding. I think if you talk about internal metrics and the way they operate, you have to be bullish long-term on Netflix," Seay tells Yahoo Finance. To watch more expert insights and analysis on the latest market action, check out more Catalysts here. This post was written by Angel Smith
ReutersNetflix subscriber additions likely slowed, growth strategy in focus
Netflix could report its slowest subscriber additions in six quarters on Thursday as gains from a password-sharing crackdown ease, with investors looking for signs its nascent ad revenue business is accelerating. Netflix originals such as "The Accident" and "The Perfect Couple" were among the top streamed titles in the U.S. during the quarter, Nielsen data showed. As the pace of sign-ups slows, Netflix is trying to shift investor attention towards other performance measures including revenue growth and margins.
Zacks3 Key Quarterly Reports to Watch This Week
Earnings season has arrived, with last week's results from the big banks kicking the period into a much higher gear. This week, several notable companies are on the reporting docket, including Netflix, TSM, and American Express.
