The Traderszone Network

Published in TZ Latest News 20 January, 2015 by The TZ Newswire Staff

NFLX Beats Q4 EPS On Tax Gain, Misses Revenues, Guides Lower, Cash Burn Soars, Reports $9.5Bn In Off-Balance Sheet Obligations

All algos that were short NFLX into earnings were just brutalized and stampeded into an epic short-covering squeeze when the company announced Q4 EPS of $1.35, nearly double the $0.72 expected. However, as usual, there is more here than meets the eye, epsecially when considering that NFLX Q4 revenue actually missed expectations of $1.49Bn, printing $1.48Bn. So how did NFLX smash EPS?

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