- Reports Q1 2020 results on Tuesday, April 21, after the market close
- Revenue Expectation: $5.74 billion
- EPS Expectation: $1.63
Netflix (NASDAQ:NFLX) is one of the happy few stocks that's continued to reward investors. Shares of the streaming entertainment giant are still rising even through the precarious conditions currently slamming the market.
However, the sustainability of that rally is very much dependent on the company's latest earnings, scheduled to be released later today.
The Los Gatos, Calif.-based company has been the best performing name among the FAANGs, the group of five mega cap tech stocks that includes Apple (NASDAQ:AAPL) and Amazon (NASDAQ:AMZN). These stocks were among the biggest contributors to the market’s rebound after it fell into a bear market in March.
Netflix's shares are up 36% this year, while the S&P 500 is down about 12%. And, despite tumbling 3.7% on Friday in its first losses after four straight days of gains, the stock recouped most of that yesterday, jumping 3.4% to close at $437.49.
Netflix Weekly Price Chart
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