Today’s quick video takes a closer look at Netflix (NFLX) before their earnings report. This company was once one of the best performing stocks out there, but it has since consolidated, and is on a low growth trajectory now.

In fact, current year EPS is expected to come in lower than the previous year, while the stock has an F Grade for its fundamentals. It is also worth noting that NFLX has a Zacks Rank #3 (Hold), and that the stock has actually just fallen into this territory within the past week. Add in a sluggish industry rank and a negative Earnings ESP, and there aren’t a whole lot of reasons to like NFLX ahead of its report.

However, there are a few key positives to note. NFLX has beaten earnings estimates ever quarter for the past five years, including an average beat of 175% in the past four reports. That, along with strong growth prospects for the following year could be enough to carry NFLX higher in the coming days, but this may be more of a long term story than one that is promising in the short term.

NETFLIX INC Price, Consensus and EPS Surprise

NETFLIX INC Price, Consensus and EPS Surprise | NETFLIX INC Quote

NFLX reports on October 17^th after the bell, and we are looking for earnings of $0.06/share. Make sure to watch the video for a quick guide to NFLX heading into the report, but if you want to learn more about trading in earnings season, check out our podcast below: