» Final nail in the bear case coffin : Here s what 4 analysts had to say about Netflix s 4th-quarter earnings Final nail in the bear case coffin : Here s what 4 analysts had to say about Netflix s 4th-quarter earnings
Ben WinckJan 20, 2021, 22:00 IST
Netflix
earnings on Tuesday that trounced estimates for revenue and subscriber growth.
While earnings missed expectations, shares climbed as investors praised improved sales and hopes for near-term share buybacks.
Here s what four analysts had to say about the company s fourth-quarter report.
Netflix reported fourth-quarter results on Tuesday that surged past analyst expectations and lifted shares to record highs.
The streaming giant revealed it added 8.51 million paid subscribers through the quarter, handily exceeding forecasts and its own guidance. While the growth lagged that seen in recent years, it suggests the resurgence of COVID-19 and renewed lockdowns drove more people to
for the dow, the s&p, the russell 2000 small cap stock index, all of those measures perhaps of a market sentiment that is still riding high on some of the trump optimism that happened ever since the election. we re going to be keeping a close eye on what s happening specifically with technology and media related stocks because netflix, the online streaming giant, reports earnings after today s closing bell. so a lot of traders keeping a close eye on whether or not that could be a sentiment indicator for a lot of stocks out there. we re also watching what s happening with other parts of the market as well, industrials, bank type stocks all indicators about whether or not investors feel there s optimism in the marketplace right now. interest rates also a big part of that picture. they are trending a bit lower so people are focused on whether or not banks can continue to do as well as they are. but chris, a lot of stuff on the radar, netflix earnings will be key after today s closing bell