Netflix Inc. (NASDAQ: NFLX) has hit a new 52-week high after announcing its earnings and subscriber growth. Make that an all-time high, aided partly by the hint (or forecast) of a coming stock split. Even the more cautious analysts have raised their expectations on Netflix after its news. Now that the stock has hit $546, one has to wonder if analysts are driving Netflix up too much.
24/7 Wall St. is looking at what each analyst report has said about Netflix. The aim is to see if they are behind the curve or if they are getting too far ahead of themselves. Basic data around Netflix’s earnings report and the telegraph of a stock split have been provided ahead of the analyst calls.
Netflix’s first-quarter results were $0.38 in earnings per share (EPS) on $1.4 billion in revenue, compared to Thomson Reuters consensus estimates of $0.69 in EPS and $1.57…
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