Netflix surges over 15% on Q3 earnings beat, buy or bail?
I don't really like give a buy or bail comment. Will give some of my opinion view.
1. Do u feel satisfied with the lastest earning results of NFLX?
Personally, I think they did quite well. However, the result does not seem that great or that bad, just normal to me .
2.What ur opinion or analysis about NFLX currently?
I think that share price increasing +2 digits % change is a bit too much... I think for its' result, it only worth +1 digit % change only. The revenue 3Q22 vs 2Q22 is decreased slightly & so does the eps too... They also forecast a bad 4Q22 earning & it shows that interest rate hike does matters. I think that the FED is correct to continue increasing interest rate. In fact, I think they delayed it & that why the situation worsen... Maybe analysts purposely give such a low estimate so that $Netflix(NFLX.US$ can meet the expection, who knows 🤷♂️?
3. Where will the video streaming industry be heading?
Personally, I don't think that it's that great due to the interest rate hike & a "possible" recession. Because of the difference of inequality between the rich & poor, the rich can continue to spend while the poor need to borrow to spend..., I think 🤔. So, inflation may still remain high overall.
Welp, who knows 🤷? Maybe ppl become more stress & continue to spend more = contributing to the earning boost . Heard that employment rate is good too.
DYODD before investing
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GODGIVENFOOL139 : ok