/, Case study, Uncategorized, Use case/Alternative data: Netflix outperform in Q3 2019

Netflix outperform in Q3 2019

We saw the shift in Netflix $NFLX from the past quarter using key events that took place during 3Q. The streaming-video pioneer beat subscription estimates thanks to growth in countries like Brazil and India. The third season of Stranger Things helped drive business, drawing a record 64 million households.

In total, more than 6 million new viewers signed up last quarter. Barely 500,000 of them were in the U.S.

To track Netflix’s core events, we use big data and NLP technology to search and extract key events that have a positive or negative effect on the company’s performance. Each event was scored based on our model which indicates the direction (positive or negative) and duration (long/short term).

(0>Bearish<0.48-0.52>Bullish<1)

Netflix’ event-driven score cross the 0.5 mark tougered the bullish side on Oct 03, this indicate the shift from the bearish teritury to the bullish side. On longer trend view, the event-driven trend line is steering towards a down trend which indicate a bearish teritory in the near future. This, will be supported by the increasing compatetion from Netflix reviels.

Apple TV and Disney are two highly anticipated streaming platforms that are going to shake up the space next month. Specifically Disney, with its massive library of content that they have been accumulating for years and the firm’s savvy acquisitions that have all been leading up this digital streaming product.

The following table contain key events from the 3Q 2019 which lmpact Netflix operational and financial performance

Date & Time (GMT)Feed_categoryEntitySymbolSectorIndustryMarketHeadquartersEvent categoryEvent sub-categoryTitleEvent-driven score
10/16/2019 22:20Stocks bullishNetflixNFLXCommunication ServicesMedia - DiversifiedUSUSSalesSales growthNetflix Rallies After Overseas Growth Eases Investor Worries0.78
10/16/2019 21:59Stocks bullishNetflixNFLXCommunication ServicesMedia - DiversifiedUSUSEarningsQ3 Earnings BeatNetflix Trades Higher After Q3 Earnings Beat, Subscriber Growth - Benzinga0.8
10/16/2019 21:50Stocks bullishNetflixNFLXCommunication ServicesMedia - DiversifiedUSUSDemandStrong demandNetflix spikes 11% after global subscriber growth blows away forecasts (NFLX)0.75
10/4/2019 18:43Stocks bullishNetflixNFLXCommunication ServicesMedia - DiversifiedUSUSSalesUsers GrowthShares of Netflix up on subscriber growth overseas0.68
10/4/2019 18:41Stocks bearishNetflixNFLXCommunication ServicesMedia - DiversifiedUSUSSalesIncreasing competitionDisney bans ads from Netflix ahead of streaming launch: WSJ https://www.reuters.com/article/us-walt-disney-netflix-idUSKBN1WJ1UF?utm_campaign=trueAnthem%3A+Trending+Content&utm_content=5d977730de67360001fdc1c2&utm_medium=trueAnthem&utm_source=twitter …pic.twitter.com/9Xe6O2251B0.38
10/3/2019 9:12Stocks bearishNetflixNFLXCommunication ServicesMedia - DiversifiedUSUSRegulatoryRegulations HitItaly prosecutors open Netflix tax evasion investigation: source0.3
10/3/2019 7:59Stocks bullishNetflixNFLXCommunication ServicesMedia - DiversifiedUSUSFeesProduct price raisesNetflix raises prices ahead of Apple TV+ and Disney+ launches - Canstar Blue0.68
9/20/2019 22:02Stocks bearishNetflixNFLXCommunication ServicesMedia - DiversifiedUSUSSalesSales growth slowsNetflix shares fall after analyst predicts slowdown in mobile app downloads and CEO admits 'tough competition' from Apple, Disney coming - CNBC0.35
9/20/2019 17:01Stocks bearishNetflixNFLXCommunication ServicesMedia - DiversifiedUSUSSalesIncreasing competitionNetflix Stock Slumps After Its CEO Warns ‘Tough Competition’ Is Coming From Disney, Apple - Barron's0.38
9/18/2019 5:59Stocks bearishNetflixNFLXCommunication ServicesMedia - DiversifiedUSUSESGSocialSmart TVs sending sensitive user data to Netflix and Facebook0.3
9/16/2019 18:20Stocks bullishNetflixNFLXCommunication ServicesMedia - DiversifiedUSUSNew dealNew dealNetflix Acquires 'Seinfeld' Streaming Rights After Losing 'Friends' and 'The Office' - The Daily Beast0.7
9/11/2019 2:40Stocks bullishNetflixNFLXCommunication ServicesMedia - DiversifiedUSUSNew dealNew dealNetflix Strikes Supply Deal With Karan Johar’s Dharmatic Entertainment - Variety0.68
7/23/2019 15:49Stocks bearishNetflixNFLXCommunication ServicesMedia - DiversifiedUSUSLegalInvestor lawsuitNetflix Target of Shareholder Lawsuits After Q2 Subscriber Shortfall - Variety0.25
7/17/2019 22:09Stocks bearishNetflixNFLXCommunication ServicesMedia - DiversifiedUSUSRevenueStagnant revenue growthNetflix just missed hard on the only number that matters — international subscriber growth https://cnb.cx/32zATJK0.38
7/17/2019 22:01Stocks bearishNetflixNFLXCommunication ServicesMedia - DiversifiedUSUSPrice changesShare price downNetflix Shares Fall Following Q2 Earnings - Benzinga0.35
7/17/2019 21:39Stocks bullishNetflixNFLXCommunication ServicesMedia - DiversifiedUSUSEPSQ2 EPS BeatEARNINGS: Netflix Q2 EPS $0.60 vs. $0.56 Est.; Q2 Revs. $4.92B vs. $4.93B Est. • $NFLX plunges 6% after-hours https://www.cnbc.com/2019/07/17/netflix-earnings-q2-2019.html …pic.twitter.com/zlUdqx97Rf0.8
7/17/2019 21:19Stocks bearishNetflixNFLXCommunication ServicesMedia - DiversifiedUSUSForecastLower forecastNetflix adds fewer-than-expected subscribers in second quarter0.2
7/17/2019 21:19Stocks bearishNetflixNFLXCommunication ServicesMedia - DiversifiedUSUSSalesUsers declineNetflix stock drops more than 10% as earnings show huge drop in new subscribers0.15
7/12/2019 10:10Stocks bullishNetflixNFLXCommunication ServicesMedia - DiversifiedUSUSManagement changeNew CMONetflix taps BBC Studios’ Jackie Lee-Joe as marketing chief0.6
7/11/2019 21:54Stocks bullishNetflixNFLXCommunication ServicesMedia - DiversifiedUSUSProfitsprofits riseNetflix's Price Hikes to Help Cash Flow Heading Into Earnings, Stifel Says0.75
6/20/2019 10:25Stocks bullishNetflixNFLXCommunication ServicesMedia - DiversifiedUSUSFeesProduct price raisesNetflix confirms price hike for Irish customers has come into effect - Siliconrepublic.com0.68
6/12/2019 23:25Stocks bullishNetflixNFLXCommunication ServicesMedia - DiversifiedUSUSProductsNew productsNetflix is unveiling new video games based on its shows https://bloom.bg/2Iagi6B0.7

In today’s noisy environment, it is essential to have a bigger and clearer picture of companies and countries financial activities by being able to collect, structure, and reveal important events in order the capture alpha.


Using big data and NLP technologies to capture alpha by collecting, structuring, and revealing events from news articles, press releases, and financial social media.

(Views and recommendations given in this section are for research purposes only. Please consult your financial adviser before taking any position in the stock/s or currencies mentioned.) Neither First to invest. nor any of its officers, employees, representatives, agents or independent contractors are, in such capacities, licensed financial advisors, registered investment advisers or registered broker-dealers. First to invest does not provide investment or financial advice or make investment recommendations. Nothing contained in this communication constitutes a solicitation, recommendation, promotion, endorsement or offer by First to invest of any particular security, transaction or investment.)

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2019-10-18T03:34:12-04:00 October 18th, 2019|case studies, Case study, Uncategorized, Use case|Comments Off on Alternative data: Netflix outperform in Q3 2019