(Photo Illustration by Budrul Chukrut/SOPA Images/LightRocket via Getty Images) SOPA Images/LightRocket via Getty ImagesNetflix Inc. NFLX is scheduled to report earnings after Tuesday’s close. The stock is prone to big moves after reporting earnings and can easily gap up if the numbers are strong. Charts & Data Courtesy of MarketSmith Incorporated Charts & Data Courtesy of MarketSmith IncorporatedA Closer Look At The Fundamentals:In Q4 2020 earnings fell by -8% compared to Q4 2019. In Q1 2021, the company is expected to earn $2.98 which is sharply higher than Q1 2020 when the company earned $1.57/share. Pay Attention To How The Stock Reacts To The News:From where I sit, the most important trait I look for during earnings season is how the market and a specific company reacts to the news.
Source: Forbes April 18, 2021 21:11 UTC