Tuesday, July 26, 2011

Netflix, Inc. (NFLX) stock prices july 26 2011

Netflix, Inc. (NFLX) stock prices july 26 2011 : Netflix, Inc. (NFLX) stock fell 8.82 percent to $256.71 in the pre-market trading. The company expects third quarter earnings of $0.72 to $1.07 per share and revenue of $799.5 million to $828.5 million, while Street predicts profit of $1.09 per share on revenue of $846.46 million.

The company reported second quarter earnings of $68 million or $1.26 per share, up from $44 million or $0.80 per share last year. Revenue rose to $799.6 million from $519.81 million. Analysts had expected profit of $1.11 per share on revenue of $791.48 million for the third quarter.
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