The following commentary comes from an independent investor or market observer as part of TheStreet's guest contributor program, which is separate from the company's news coverage.NEW YORK (TheStreet) -- As Coinstar ( CSTR) prepares to blow the doors off of the most recent quarter and the rest of the year, investors' intuition might lead you to think Netflix's ( NFLX) April 23 earnings report will stink more than the last several. Even though I have covered Netflix for some time now, I have no idea what they'll report. I expect a loss, more bad news and the obligatory dose of smoke and mirrors, but, at the end of the day, it's difficult to predict what CEO Reed Hastings and CFO David Wells have in store on their dog-and-pony show of a conference call. And, more importantly, what they report really does not matter unless, of course, it includes meaningful and logical wholesale change to the business model.
|Netflix CEO Reed Hastings|