Thirty-one analysts polled by Bloomberg regarding Netflixâ€™s (NFLX) fourth quarter performance arrived at the following consensus figures: Net income for Q4 2013 should come in at $40.5 million (66 cents per share). That would be a five-fold increase over the previous yearâ€™s net income of $7.9 million (13 cents per share). And, thatâ€™s remarkable. Today, CEO Reed Hastings will announce the companyâ€™s forecast for the first quarter of 2014. Investors will be watching to see if this growth rate can be sustained. An initial reaction would be â€śno,â€ť as growing net income by 500 percent again this year would seem more than extraordinary, it would seem almost criminal. However, analysts surveyed by Bloomberg predict — on average — that the company will probably show a profit of $46.9 million (75 cents per share) for Q1 2014, on revenue of $1.24 billion. A year earlier, Netflix posted net income of $2.69 million (5 cents a share). Had you been a Netflix investor last year, you would have enjoyed a stock price that almost quadrupled in 2013, making it the best-performing stock for the year in the S&P 500. So, will you stay tuned into Netflix for 2014?
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