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After Q1 NFLX Earnings, Avoid Netflix Stock

Netflix (Nasdaq: NFLX) earnings per share (EPS) of $0.38 for the first quarter badly missed estimates today (Wednesday) as analysts had projected EPS of $0.69. Revenue of $1.57 billion was in line with analysts' estimates. Net income for the quarter was $24 million. Despite the wide miss, NFLX stock jumped 13% in after-hours trading on strong user growth. There's no denying the roll NFLX stock has been on in 2015, but we're still avoiding the stock after today's Netflix earnings... Tags: (Nasdaq: NFLX) , netflix earnings , Netflix earnings Q1 , Netflix Q1 earnings , NFLX , NFLX earnings , NFLX Stock To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and visitors become smarter, more confident investors. Disclaimer: © 2015 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post After Q1 NFLX Earnings, Avoid Netflix Stock appeared first on Money Morning - We Make Investing Profitable .
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