Netflix to report earnings after the close

Netflix is expected to report first-quarter earnings Earnings A company’s earnings represent its profits or net benefits as a result of its operation.Earnings are the net benefits of a corporation's operation. Earnings can be calculated as EBIT, i.e. earnings before interest and taxes, and EBITDA, i.e. earnings before interest, taxes, depreciation, and amortization.Earnings are valuable tools for investors of company shares as they can often highlight a company’s financial standing and performance. Better performances can result in strengthened share price A company’s earnings represent its profits or net benefits as a result of its operation.Earnings are the net benefits of a corporation's operation. Earnings can be calculated as EBIT, i.e. earnings before interest and taxes, and EBITDA, i.e. earnings before interest, taxes, depreciation, and amortization.Earnings are valuable tools for investors of company shares as they can often highlight a company’s financial standing and performance. Better performances can result in strengthened share price Read this Term after the close on Tuesday. Although the company will no longer give guidance for subscribers, they will still report how many total users there are in the US and globally.

Expectations are for:

• EPS $2.86
• revenues $8.18 billion
• Subscribers 2.86 million net additions

the company will also speak to ad based subscribers. The company added a $6.99 a month tier which compliments the ad free tiers with the standard plan at $15.49 per month and the Basic plan at $9.99 a month.

The company has also been increasing its crackdown on paid sharing. They broaden their crackdown to include countries like Canada, New Zealand, Portugal and Spain – in addition to countries of Chile, Costa Rica, and Peru. So far there has been no announcement regarding US users.

Technically Netflix shares are trading at $333.84 (up $1.20 or 0.36% today). The price is trading above its 100 day moving average at $323.14 tilting the bias in the favor of the buyers.

The price last traded below the 100 day moving average Moving average A moving average is a statistical tool that is used to smooth out short-term fluctuations in data and reveal longer-term trends. It is calculated by taking the average of a certain number of data points over a specific period of time, and then plotting that average as a line on a chart. The most common types of moving averages are simple moving averages (SMA) and exponential moving averages (EMA).In financial markets, moving averages are often used to analyze stock prices, exchange rates, and ot A moving average is a statistical tool that is used to smooth out short-term fluctuations in data and reveal longer-term trends. It is calculated by taking the average of a certain number of data points over a specific period of time, and then plotting that average as a line on a chart. The most common types of moving averages are simple moving averages (SMA) and exponential moving averages (EMA).In financial markets, moving averages are often used to analyze stock prices, exchange rates, and ot Read this Term back on March 23. The low for the year reached $285.29 on March 13. That low took out the January 3 low at $288.63. The inability to extend lower after breaking to a new year low turned sellers and buyers. Today would take a move below the 100 day moving average to increase bearish bias. Absent that and the buyers remaining control.

The high price off the low reached $349.43 on April 4. Getting above that high will increase the bullish bias and have traders looking toward the high price for the year at $379.31 (reached on February 3)