TheStreet's founder told Katherine Ross that Netflix is no longer his favorite FANG stock.
Might be time for a new acronym, huh?
Netflix is set to release earnings after the bell on Tuesday, Oct. 16.
TheStreet's tech columnist, Eric Jhonsa--who has received heavy praise from Cramer--wrote a walk-up to the earnings. Jhonsa will also be covering the earnings live for TheStreet. The blog will go live at 3:45 p.m. ET.
"On average, analysts polled by FactSet expect Netflix to report Q3 revenue of $4 billion (up 34% annually) and GAAP EPS of $0.68m," Jhonsa wrote. "For Q4 -- Netflix provides quarterly guidance within its shareholder letters -- the consensus is for revenue of $4.23 billion (up 29%) and EPS of $0.50."
Netflix is Real Money's stock of the day. Kevin Curran, a reporter for Real Money, will be taking a deep dive into Netflix ahead of the earnings.