Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Netflix Inc (NFLX), Kinder Morgan Inc (KMI): Analysts Expect Growth In Earnings Of 80% And 22% Respectively

TheStreet reported that economic growth is still bleeding red as FTSE 100, DAX 100, and CAC 40 are down almost 1% each to prices of about $6332.5, $8774.4, and $4050 respectively, and NIKKEI 225 is the only index giving some hope for the short run with an approximately 1% rise up to almost $15,073.6. This general grim overview is depressing tech stocks’ valuation and they find more obstacles in taking off the current spots. Netflix, Inc. (NASDAQ:NFLX) and Kinder Morgan Inc (NYSE:KMI) will reveal earnings later in the day and there are some 80% and 22% expected increase in earnings for the companies respectively.

Netflix, Inc. (NASDAQ:NFLX)

“Today, after the close we’re going to get earnings from Netflix. Streaming entertainment giant expecting earnings of about $.94 a share compared to about $.52 this time last year. Reed Hastings’ company comes into the third quarter on a string of beats and now the stock is up so far this year 19%,” reported Jonathan Marino.

This spike in earnings is probably meant to keep investors satisfied while Netflix, Inc. (NASDAQ:NFLX) pursues its desired expansionary tactics. It also points at the fact that exclusive content and subscriber figures growth have severely impacted revenues. This news comes to strengthen speculations that Netflix, Inc. (NASDAQ:NFLX) is currently undervalued and that it can reach a target of $600 from its price of about $449.1.

A less fortunate story of progress, Kinder Morgan Inc (NYSE:KMI), also is expected to disclose a relatively impressive increase in earnings. The company’s stock valuation is down almost 9% for the last month and approximatively 4% year to date. So, it’s difficult to say before the reports where the current $34.50 will head to.

“Kinder Morgan, Houston Energy Company, is actually down this year despite its August mega-merger announcement. That’s attributable to four stray misses for the company. Today after the close analysts looking for $.33 a share compared to $.27 this time last year,” announced Jonathan Marino.


Disclosure: none

Warren Buffett and BillionairesFree Report: Warren Buffett and 12 Billionaires Are Crazy About These 7 Stocks

Let Warren Buffett, David Einhorn, George Soros, and David Tepper WORK FOR YOU. If you want to beat the low cost index funds by an average of 6 percentage points per year look no further than Warren Buffett’s stock picks. That’s the margin Buffett’s stock picks outperformed the market since 2008. In this free report, Insider Monkey’s market beating research team identified 7 stocks Warren Buffett and 12 other billionaires are crazy about. CLICK HERE NOW for all the details.

Biotech Stock Alert - 20% Guaranteed Return in One Year

Hedge Funds and Insiders Are Piling Into

One of 2015's best hedge funds and two insiders snapped up shares of this medical device stock recently. We believe its transformative and disruptive device will storm the $3+ billion market and help it achieve 500%-1000% gains in 3 years.

Get your FREE REPORT and the details of our 20% return guarantee today.

Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.
Loading Comments...

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 102% in 3 years!! Wondering How?

Download a complete edition of our newsletter for free!