Why Is Netflix (NFLX) Down 9.1% Since Last Earnings Report?
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Zacks Equity Research August 16, 2019
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A month has gone by since the last earnings report for Netflix (NFLX - Free Report) . Shares have lost about 9.1% in that time frame, underperforming the S&P 500.
Will the recent negative trend continue leading up to its next earnings release, or is Netflix due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts.
Netflix Q2 Earnings Hurt From Lower Subscriber AdditionNetflix reported second-quarter 2019 earnings of 60 cents ...