Earnings in Focus: Netflix, Inc. (NASDAQ:NFLX)

Netflix, Inc. (NASDAQ:NFLX) reported earnings for the three months ended Mar2016 on April 18, 2016. The company earned $0.06 per share on revenue of $1.96B. Analysts had been modeling earning per share of $0.03 with $1.97B in revenue.

On April 18, 2016 Netflix, Inc. (NFLX) has released its first-quarter 2016 financial results by posting them to its website.  Please visit the Netflix investor relations website at http://ir.netflix.com to view the Q1’16 financial results and letter to shareholders.

Netflix Chief Executive Officer Reed Hastings, Chief Financial Officer David Wells and Chief Content Officer Ted Sarandos will participate in a live video interview at 2:00 p.m. Pacific Time at youtube.com/netflixir.  The interview will be conducted by Ben Swinburne, Morgan Stanley and Peter Kafka, Re/code. Questions that investors would like to see asked should be sent to benjamin.swinburne@morganstanley.com or peter@recode.net.

Netflix, Inc. earnings per share showed a decreasing trend of -54.5% for the current fiscal year. The company’s expected EPS growth rate for next fiscal year is 105%.Analysts project EPS growth over the next 5 years at 22.5%. It has EPS annual decline over the past 5 fiscal years of -7.9% when sales grew 25.7. It reported 24.4% sales growth, and 15.6% EPS growth in the last quarter.

The stock is trading at $102.57, up 28.29% from 52-week low of $79.95. The stock trades down -23.04% from its peak of $133.27 and 14.99% above the consensus price target of $117.95. Its volume clocked up at 8.71 million shares which is lower than the average volume of 14.32 million shares. Its market capitalization currently stands at $44.24B.