Netflix earnings after the bellNFLX Q4 December 2022 earnings are today 1/19 at 4pm. Netflix (NFLX) reported Q3 September 2022 earnings of $3.10 per share on revenue of $7.9 billion. The consensus earnings estimate was $2.11 per share on revenue of $7.8 billion. Revenue grew 5.9% on a year-over-year basis. The company said it expects Q4 earnings of approximately $0.36 per share on revenue of approximately $7.78 billion. NFLX technicals are bearish currently and it's options data is slightly bearish from neutral. I wouldn't be surprised if there's a muted downside move resulting in an IV crush for options premium tomorrow morning. Then again it can also be hedging from memory of its April 19th post market crash. It's basically a crap shoot until earnings are publicly released. Here's levels on the 1 day chart:
4th Quarter December 2022 Consensus:
EPS = $0.46
Revenue = $7.82 B
SMA200 = $245
VWMA 20 TTCATR(beta):
top = $358
R3 = $346
R2 = $334
R1 = $321
pivot = $309
S1 = $297
S2 = $284
S3 = $272
bottom = $260
1/20/23 expiry options data:
Put Volume Total 82,702
Call Volume Total 68,085
Put/Call Volume Ratio 1.21
Put Open Interest Total 284,116
Call Open Interest Total 268,671
Put/Call Open Interest Ratio 1.06
2/17/23 expiry options data:
Put Volume Total 11,401
Call Volume Total 8,160
Put/Call Volume Ratio 1.40
Put Open Interest Total 50,491
Call Open Interest Total 40,584
Put/Call Open Interest Ratio 1.24
