6 Metrics That Show Why Netflix Killed It This Quarter
When video-streaming pioneer Netflix, Inc. (NASDAQ: NFLX) reported earnings, it blew past all its internal forecasts and analyst estimates alike, as the company produced record-setting growth in what is historically a seasonally slow quarter. By nearly any objective measure, the company absolutely killed it this quarter, and investors seemed to cheer, with the stock up 10% in after-hours trading.
Netflix had previously encouraged investors to abandon the long-held practice of focusing on subscriber growth and pay more attention to revenue growth and global operating margins. In the end, it was irrelevant, because no matter what metric investors used, Netflix scored a win. Here's a look at the most important metrics that show just how great a quarter it really was.
13 Reasons Why was a surprise hit of the quarter for Netflix. Image source: Netflix.
Source: Fool.com
Netflix Inc. Stock
Currently there is a rather positive sentiment for Netflix Inc. with 82 Buy predictions and 9 Sell predictions.
As a result the target price of 608 € shows a slightly positive potential of 3.23% compared to the current price of 589.0 € for Netflix Inc..
