Netflix (NASDAQ: NFLX) closed the most recent trading day at $688.96, moving -1.17% from the previous trading session. The stock fell short of the S&P 500, which registered a loss of 0.89% for the day. At the same time, the Dow lost 0.44%, and the tech-heavy Nasdaq lost 1.67%.
Coming into today, shares of the internet video service had gained 9.61% in the past month. In that same time, the Consumer Discretionary sector gained 2.07%, while the S&P 500 gained 2.17%.
Analysts and investors alike will be keeping a close eye on the performance of Netflix in its upcoming earnings disclosure. On that day, Netflix is projected to report earnings of $5.07 per share, which would represent year-over-year growth of 35.92%. Alongside, our most recent consensus estimate is anticipating revenue of $9.76 billion, indicating a 14.31% upward movement from the same quarter last year.
Regarding the entire year, ...
