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GAFF
Alabama Fan
Georgia
Member since Aug 2010
941 posts

Someone Explain Netflix To Me
I’m not the savvy stock trader type. I’ve held Netflix for a few months now. Today it dropped but everything I’m reading says earnings exceeded projections. Why would a stock drop if it’s exceeding? Just wondering if someone can explain this to me like I’m a child.


stout
Arizona Fan
Back in God's Country
Member since Sep 2006
139225 posts

re: Someone Explain Netflix To Me
People selling to take profits


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36
ldts
Member since Aug 2015
851 posts

re: Someone Explain Netflix To Me
quote:

Investors are likely to pay more attention to Netflix's guidance for the current quarter, though. The company said second-quarter earnings would likely be 55 cents per share on revenue of $4.93 billion. That earnings figure is far short of the 99 cents a share that Wall Street has been expecting. Analysts' second-quarter revenue estimate is $4.96 billion.

Netflix said it was expecting 5.0 million new paid subscribers in the second quarter, short of the 5.96 million that Wall Street has been expecting.


Looks like it's their guidance towards a weaker than expected second quarter.


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60
saderade
New Orleans Saints Fan
America's City
Member since Jul 2005
23265 posts

re: Someone Explain Netflix To Me
I think Disney announced a similar streaming service for a cheaper price which probably caused some decrease in Netflix.


castorinho
Oklahoma Fan
13623 posts
Member since Nov 2010
57608 posts

re: Someone Explain Netflix To Me
quote:

think Disney announced a similar streaming service for a cheaper price which probably caused some decrease in Netflix
That specific drop happened last week already. He's talking about earnings.
And the answers have been provided, profit takers and lower guidance.


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10
Pendulum
New Orleans Pelicans Fan
Member since Jan 2009
3992 posts

re: Someone Explain Netflix To Me
Disney is coming in to steal market share; and people are taking profits. Disney automatically has so much profitable, iconic IP and are coming in at 6.99 I believe? They are going to steal a ton of parents who have netflix for their young kids mainly.

At any rate, the ceiling on Netflix may have just came down. Or not, but why not take some of your profits right, it just got alot more riskier.



On a consumer level; the decentralization of streaming sucks ass; but it just makes wayyy too much sense for a company like Disney to take their shite and do their own thing. Direct to consumer is the eventual direction of every producer of goods.


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castorinho
Oklahoma Fan
13623 posts
Member since Nov 2010
57608 posts

re: Someone Explain Netflix To Me
quote:

They are going to steal a ton of parents who have netflix for their young kids mainly.

I think at that price, it's an add-on, not a conflict.
I personally will be subscribing, but it's not making me reconsider my Netflix.
With that being said,as they both start (or keep, in the case of Netflix) raising their prices, a lot more people will start to choose.


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Mr.Perfect
LSU Fan
Louisiana
Member since Mar 2013
16405 posts

re: Someone Explain Netflix To Me
Name 3 Netflix original shows and 2 Characters


K


Now name 10 Disney movies and 10 Disney characters



Bet according


JayDeerTay84
LSU Fan
Texas
Member since May 2013
6615 posts

re: Someone Explain Netflix To Me
Disney has been making movies forever. Netflix just got in the game and their originals are very very good.

As a parent, I intend to have both.

My major shows I enjoy are Netflix originals and a few HBO series.


Pendulum
New Orleans Pelicans Fan
Member since Jan 2009
3992 posts

re: Someone Explain Netflix To Me
Exactly, at this point, it's most likely not going to affect Netflix a whole bunch, but as they develop their service and both increase prices, something will have to give. I think they both survive fine catering to different targets, but it certainly reduces Netflix's ability to run the show.

The funny thing is the guys at Netflix probably know more than anyone else how well the Disney ip can penetrate the streaming market. They probably know the answer to that more than the folks at disney since they have the data.

So they probably already know if they are screwed or not.


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00
AaronDeTiger
LSU Fan
baton rouge
Member since Jun 2014
1052 posts

re: Someone Explain Netflix To Me
AT&T sold its share of Hulu to Disney making them the majority holder.

quote:

Just last year, Hulu was still divided evenly between Disney, Fox, and Comcast — each owning a 30 percent cut of the company — alongside AT&T’s roughly 10 percent stake. But Disney gained a controlling interest in Hulu when it bought Fox, and the AT&T sale means Disney now owns a staggering 66 percent of the service, with Comcast owning the remaining 33 percent.


AT&T just sold its stake, leaving Disney with overwhelming control
This post was edited on 4/16 at 11:32 pm


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