Monday, April 25, 2011

NFLX beats Sales & EPS for Q1..guiding Sales higher BUT EPS lower.....

NFLX is down AH by about $13 on guiding EPS lower than consensus...

Q1 Sales $719 million vs consensus of $703.6 million..a beat by $15.4 million


Q1 EPS $1.11 vs consensus of 1.03..a beat by 8 cents


Q2 guidance ..Sales $778 million to $798 million vs expectations of $763 Million ..guiding HIGHER by $25 million.... taking mid point of $788 million....

Q2 EPS Guiding 93 cents to $1.15 vs expectations of $1.19..guiding lower by 15 cents ..taking mid point of $1.04 cents....

Conference call starts @ 6 PM EST

I am holding my shares waiting for conference call & will see how NFLX trades on Tuesday.

BLOG does NOT give buy or sell.

Saleem

2 comments:

  1. S

    I hope that Netflex does NOt hurt you

    It is down a lot

    bet to all
    C

    ReplyDelete
  2. Hi C,

    Thanks for your concern.

    I alway's manage my risk with weighting...NFLX IS my lowest weighting out of 5 stocks in my portfolio..

    Saleem

    ReplyDelete