Netflix, Inc. (NFLX): "I Felt Bad" About The Earnings Call, Says Jim Cramer

We recently published 12 Stocks Jim Cramer Talked About. Netflix, Inc. (NASDAQ:NFLX) is one of the stocks Jim Cramer recently discussed.

Netflix, Inc. (NASDAQ:NFLX) is one of the most frequently discussed stocks on Cramer’s show. While Cramer is one of the firm’s biggest fans, the stock fell by 4% after its latest earnings, as executives attributed the annual revenue guidance raise to a weaker dollar instead of user growth. Cramer discussed Netflix, Inc. (NASDAQ:NFLX)’s upgrades after the earnings as well as the results themselves:

“Now you could have estimates go up and up that you end up with. . .Netflix. And those. . .where you just say you know what, they moved up, moved up, moved up. But we have a lot of catch-up upgrades today. Catch-up price target bumps.

“The Netflix call by the way was very, very fractious. And I felt bad because it was like, you have them read these questions and then they like disagree with the guy. No I mean, defend yourself, defend your life. But, the fact is, people felt that Netflix was, organically didn’t have the number. And I point out, was there a day they didn’t raise Netflix? You can’t have a situation where people know it’s going to be good.”

Cramer was quite excited about Netflix, Inc. (NASDAQ:NFLX) ahead of its earnings. Here’s what he said:

“After the close, we’re treated to the most delightful of conference calls, Netflix. First thing, I have a dearth of things to watch right now. It’s really starting to bug me. So I’m going to be listening to the conference call in part because they talk about all the great overseas programming. I get some terrific ideas of what to watch when I get home that night. The bar is very high for Netflix, though, which will have to tell us how their ad tier is going, how Squid Game did, and how NFL Christmas streaming football advertising’s looking.”

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Disclosure: None. This article is originally published at Insider Monkey.