[ad_1]
Just three months ago, Netflix was sentenced. Show ended, they said, and investors proceeded to a deactivation of the action as to a dramatic drama, hitting 15% of its value.
Today is hotter than the third season of Stranger Things (do you just want to give us a release date?), Netflix having exceeded the forecasts of Wall Street and its own subscribers.
If anyone needs a demonstration of the craziness of paying too much attention to a single shaking figure set at three months, it's here.
According to Netflix's indications, 5 million net subscribers should be added to the stack in the last quarter. The number has entered a smidgeon of less than 7 m, a new record for the period from July to September.
"As a reminder, the quarterly forecasts we provide are our internal forecasts at the time of reporting and we strive to make them accurate," said Chief Reed Hastings, pending action for the pessimism of the past. society. "This means that in some quarters we will be high and others low compared to our expectations."
Well, duh.
Under promise, no longer deliver, is intelligent. The problem is that Netflix took it to the point of appearing ridiculous, especially since there were good reasons to think that the third quarter would be better than the second disappointing.
Its content has been put forward, with notably a new season of Orange Is The New Black, one of its flagship products, as well as another release of the BoJack animation comedy Horseman and the second season of the Ozark police drama.
Netflix continues to invest heavily in its own programming, with more than a quarter of the $ 8 billion it spends on content for the local team. This means that you are spending a lot of money, but moving is wise.
Competition for externally produced rates is piling up with a host of newcomers seeking to join the streaming party, some in the United States, but many more elsewhere as well. This can make purchasing purchases more expensive and could destroy Netflix numbers,
But with the way it is moving ahead and the performance of the original Netflix Emmys, there is every reason to believe that the streaming giant will get by.
1/8
Coca-Cola paid £ 3.9 billion for Costa coffee. A coffee chain is a new venture for the global soft drinks giant
Pennsylvania
2/8
A funeral procession for payday loans took place in London on September 2nd. The future of payday lenders is uncertain after Wonga, the largest in Britain, was administered on August 30th.
Pennsylvania
3/8
Elon Musk concluded that Tesla would remain public. Investors and company executives were unhappy that Musk unexpectedly tweeted that he was considering privatizing Tesla and that stock prices had dropped in the following weeks.
Getty
4/8
On July 5, 2018, Jaguar Land Rover, the iconic British automaker, had warned that a "bad" Brexit deal could jeopardize the planned investment of more than $ 100 billion, thus increasing business pressure as the government embarks on crucial negotiations.
AFP / Getty
5/8
Spotify was publicly traded for the first time on the NYSE on Tuesday. However, the company does not issue shares but rather shares held by Spotify's private investors that will be sold.
AFP / Getty
6/8
The deadline for awarding a blue British passport manufacturing contract after Brexit has been extended by two weeks as a result of a request from the Bidder De La Rue. This decision comes after the anger provoked by the announcement of the announcement of British passports by the French-Dutch company Gemalto when the contract of De La Rue will end in July.
The UK company said that Gemalto was chosen solely because the competition was lower than the competition, but the UK company also admitted that it was not the cheapest choice in the call process of & # 39; # 39; offers.
7/8
Phillip Rasmussen, chief financial officer of the technology company IQE, was killed in an accident during his vacation this weekend. The company confirmed that this 47 year old man had died while he was cycling to Menorca. A 25-year-old American was arrested for drunk driving after failing a roadside breathing test.
8/8
The Beast from East received £ 4 million from Flybe's earnings due to flight cancellations, airport closures and delays, according to estimates by the low-cost airline. Flybe has announced that it has canceled 994 flights between March 31 and March 31, compared with 372 during the same period last year.
1/8
Coca-Cola paid £ 3.9 billion for Costa coffee. A coffee chain is a new venture for the global soft drinks giant
Pennsylvania
2/8
A funeral procession for payday loans took place in London on September 2nd. The future of payday lenders is uncertain after Wonga, the largest in Britain, was administered on August 30th.
Pennsylvania
3/8
Elon Musk concluded that Tesla would remain public. Investors and company executives were unhappy that Musk unexpectedly tweeted that he was considering privatizing Tesla and that stock prices had dropped in the following weeks.
Getty
4/8
On July 5, 2018, Jaguar Land Rover, the iconic British automaker, had warned that a "bad" Brexit deal could jeopardize the planned investment of more than $ 100 billion, thus increasing business pressure as the government embarks on crucial negotiations.
AFP / Getty
5/8
Spotify was publicly traded for the first time on the NYSE on Tuesday. However, the company does not issue shares but rather shares held by Spotify's private investors that will be sold.
AFP / Getty
6/8
The deadline for awarding a blue British passport manufacturing contract after Brexit has been extended by two weeks as a result of a request from the Bidder De La Rue. This decision comes after the anger provoked by the announcement of the announcement of British passports by the French-Dutch company Gemalto when the contract of De La Rue will end in July.
The UK company said that Gemalto was chosen solely because the competition was lower than the competition, but the UK company also admitted that it was not the cheapest choice in the call process of & # 39; # 39; offers.
7/8
Phillip Rasmussen, chief financial officer of the technology company IQE, was killed in an accident during his vacation this weekend. The company confirmed that this 47 year old man had died while he was cycling to Menorca. A 25-year-old American was arrested for drunk driving after failing a roadside breathing test.
8/8
The Beast from East received £ 4 million from Flybe's earnings due to flight cancellations, airport closures and delays, according to estimates by the low-cost airline. Flybe has announced that it has canceled 994 flights between March 31 and March 31, compared with 372 during the same period last year.
Bearing this in mind, the bulls were back in the ascendancy of Wall Street and the shares of Netflix jumped. This is partly due to the company's fourth quarter forecast of 9.4 million new additions.
This seems rather difficult and could be perceived as a reaction of Mr. Hastings to the estimation of the low ball of the third quarter. He will be banged again if he does not manage to hold on, even if he warns to bet too much on the internal forecasts. So is the stock.
So do yourself a favor and write this 100 times: I will not focus on the quarterly numbers. Then write it again. Wall Street will not do it, nor will the media, but if you do, you can earn some money by skipping the next time Mr. Hastings gets the egg on his face.
Source link
