The stock (ticker: NFLX) has been on an insane roll, with a gain of 29% over the past 10 trading days that has boosted the company’s market valuation to $250 billion. The surge makes Netflix more valuable than (DIS) (DIS), (T) (T), (VZ) (VZ), or (CMCSA) (CMCSA). The consensus Wall Street estimate is for June quarter revenue of $6.08 billion and profits of $1.81 a share, but as was the case in the first quarter, all eyes will be on net new subscriber growth. Read More...
The stock (ticker: NFLX) has been on an insane roll, with a gain of 29% over the past 10 trading days that has boosted the company’s market valuation to $250 billion. The surge makes Netflix more valuable than (DIS) (DIS), (T) (T), (VZ) (VZ), or (CMCSA) (CMCSA). The consensus Wall Street estimate is for June quarter revenue of $6.08 billion and profits of $1.81 a share, but as was the case in the first quarter, all eyes will be on net new subscriber growth.
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