Netflix Inc
NFLX: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| dh | LOCK|?YP!& | LOCK|$M@Y#?&^ |
Netflix Earnings: Stellar Results Had Areas of Softness; Currency Tailwinds Drive Guidance Raise
Netflix again posted fantastic results, with second-quarter sales up 16% year over year and the operating margin increasing by 7 percentage points, to 34%. However, sales would have missed guidance if not for a currency tailwind, and lower content expenses, which won't persist, drove profits.
