Netflix, Inc. (NFLX) : Q315 Earnings Whisper

All eyes will be on Netflix, Inc. (NFLX) after today’s close. Wall Street analysts are on average expecting the streaming giant to post $1.75 billion in sales during the quarter. This would show a 6.71% increase from the Q215 revenue of $1.64 billion. EPS in Q315 are expected to come in at $0.08, a decline rate of about 43% from $0.14 per share a year earlier. Meanwhile, EarningsWhisper.com reports a whisper number of $0.10 per share.

During Q215, the company added 3.3 million new streaming subscribers, compared to 1.7 million in Q115. The Street expects that growth to continue. Netflix is expected to surpass its guidance of 3.55 million net additions.

As a quick reminder, NFLX reported Q215 EPS of $0.06, $0.02 better than the Street’s consensus estimate. Revs increased 22.39% year-over-year to $1.64 billion versus the $1.65 billion consensus.

On valuation measures, Netflix, Inc. shares are currently priced at 246.03x this year’s forecasted earnings, compared to the industry’s 11.10x earnings multiple. Ticker has a PEG and forward P/E ratio of 36.08 and 342.91, respectively. Price-sales for the same period is 7.91 while EPS is 0.45.

Currently there are 20 analysts that rate NFLX a ‘Buy’, 16 rate it a ‘Hold’. 3 analysts rate it a ‘Sell’. NFLX has a median Wall Street price target of $125 with a high target of $175. In the past 52 weeks, shares of Los Gatos, California-based company have traded between a low of $45.08 and a high of $129.29 and are now at $109.60.

Shares are up 75.14% year-over-year and 124.85% year-to-date.

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