- (0:30) - Netflix Earnings Report Overview
- (5:30) - What To Expect From Upcoming FANG Earnings
- (12:45) - Takeaways On FANG
On today’s episode of the Tech Talk Tuesday podcast, Ryan McQueeney recaps Netflix’s earnings report and touches on the video streaming platform’s estimate-beating subscriber growth before previewing the upcoming earnings reports from the rest of the FANG stock group.
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Netflix (NFLX - Free Report) shares are soaring in early morning trading after the company once again crushed its own forecast and our consensus estimate for membership additions. Ryan illustrates this subscriber growth and explains why it is important for investors to understand how the company is managing to expand so consistently.
Using Netflix’s success as a springboard, Ryan looks ahead to the upcoming reports from Facebook (FB - Free Report) , Amazon (AMZN - Free Report) , and Alphabet (GOOGL - Free Report) . The host utilizes the Zacks Consensus Estimates for both earnings and revenue, several key valuation metrics, and the exclusive Zacks non-financial metrics estimate file to properly prepare for these earnings announcements.
The Zacks Consensus NFM file contains detailed estimate data for business segment metrics and non-financial metrics reported by companies. The data is acquired from digest and contributing broker models and includes the independent research of expert stock market analysts.
Ryan uses this file to provide listeners with the latest available information on Amazon Web Services, Facebook Daily Active Users, and Alphabet’s Google Other revenue.
Make sure to check out the show to hear more!
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As always, thanks for listening to the Zacks Tech Talk Tuesday Podcast; we will see you next time!
Breaking News: Cryptocurrencies Now Bigger than Visa
The total market cap of all cryptos recently surpassed $700 billion – more than a 3,800% increase in the previous 12 months. They’re now bigger than Morgan Stanley, Goldman Sachs and even Visa! The new asset class may expand even more rapidly in 2018 as new investors continue pouring in and Wall Street becomes increasingly involved.
Zacks has just named 4 companies that enable investors to take advantage of the explosive growth of cryptocurrencies via the stock market.
Click here to access these stocks. >>