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Netflix is set to submit stellar earnings, but inventory motion could possibly be stunning because of to ‘cursed’ Q2

In this image illustration the Netflix symbol is found displayed on a smartphone. (Image Illustration by Rafael Henrique/SOPA Illustrations or photos/LightRocket via Getty Photographs)Rafael Henrique | SOPA Images | Getty Images(This tale is for BuddyMantra Pro subscribers only.)Netflix is poised to report record earnings and revenue right after the bell, but the streaming giant’s inventory is not always heading to leap on the anticipated good news, if background is any manual.Wall Avenue analysts are wanting for a stellar 2nd quarter for Netflix as it professional a surge in demand amid the coronavirus-induced lockdown. Netflix is predicted to have attained $1.82 for every share on revenue of $6.08 billion, a soar from EPS of 60 cents and sales of $4.92 billion from the similar quarter previous yr, according to FactSet.Having said that, the 2nd-quarter earnings period takes place to be the a person the place Netflix typically ordeals the worst response in phrases of its price reaction, according to Bespoke Investment Group, who appears to be at details going again to 2001.

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