Reported about 6 hours ago
Netflix is expected to report strong third quarter earnings, with revenue forecasted at $9.77 billion and adjusted earnings per share at $5.16. Annandale Capital’s George Seay emphasizes the company's status as 'the 800-pound gorilla' of streaming, asserting its significant pricing power and exceptional execution compared to its inept competitors. He suggests that while Netflix is a must-own stock, potential investors may have opportunities to enter the market post-correction.
Source: YAHOO