Netflix, Inc. (NASDAQ:NFLX) To Report Earnings

Why Netflix Inc. Shares Are Soaring Today

Netflix, Inc. - NFLX - Stock Price Today - Zacks

Intact Investment Management Inc. now owns 3,000 shares of the Internet television network's stock valued at $371,000 after buying an additional 600 shares during the period. Raymond James maintained the shares of NFLX in report on Friday, August 14 with "Outperform" rating. In the last three months, insiders sold 421,458 shares of company stock valued at $64,206,893. Netflix is due to report second-quarter results after the market close. SRS Capital Advisors Inc. now owns 727 shares of the Internet television network's stock worth $107,000 after buying an additional 706 shares during the last quarter. The firm owned 81,000 shares of the Internet television network's stock after selling 35,000 shares during the period. Intellectus Partners LLC acquired a new stake in Netflix during the fourth quarter valued at about $117,000.

Netflix, Inc. has a 52 week low of $84.50 and a 52 week high of $166.87. The company has a 50-day moving average of $157.80 and a 200-day moving average of $144.87. The company has a market cap of $70.21 billion, a P/E ratio of 210.74 and a beta of 0.99. (NASDAQ:NFLX) were released by: Fool.com and their article: "Better Buy: Netflix, Inc. vs. Alphabet" published on July 07, 2017 as well as Benzinga.com's news article titled: "David Seaburg Is Bullish On Netflix Ahead Of Earnings" with publication date: July 17, 2017. The Internet television network reported $0.40 earnings per share for the quarter, beating the consensus estimate of $0.37 by $0.03.

It helped that revenue rose 32% to $2.8 billion during the quarter, and that earnings rose to 15 cents per share, up from 9 cents per share a year earlier. During the same quarter in the prior year, the company posted $0.06 EPS. Equities research analysts expect that Netflix will post $1.05 EPS for the current year.

TRADEMARK VIOLATION WARNING: This story was first reported by Chaffey Breeze and is owned by of Chaffey Breeze. It also now has more worldwide than domestic (US) members.

United Kingdom awards $8.7 billion worth of contracts for 250mph rail line
Costain said HS2 has said it may award Costain two main work civil construction - S1 and S2 - packages, under a joint venture. This will cut journey times to London from the north of England and Scotland in 2027, six years earlier than planned.

"Series cancellations and limited write downs are ongoing, highlighting spotty execution" in the company's original programming divisions, wrote Michael Pachter, an analyst at Wedbush, in a recent report. Shares were up 8.36% higher, and are trading at an all-time high of $175.18 in after-market trading. With a return potential of 4%, the stock's consensus target price stands at $167.67. Twelve analysts surveyed by Zacks expected $2.76 billion.

In other news, Director Richard N. Barton sold 2,000 shares of the company's stock in a transaction on Wednesday, April 19th. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. (NASDAQ:NFLX) shares with value of $1.44M were sold by HUNT NEIL D. The disclosure for this sale can be found here.

Renaissance Limited Liability Company has invested 0.22% in Netflix, Inc.

More than half of its total membership base is now global, and Netflix expects its first ever annual contribution profit from the worldwide segment this year, it said.

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