FWD
AB Disruptors ETF
stock NYSE ETF

(Current stock price / FWD PE) $68.31 ÷ 19.05 = $3.5858 of implied forward EPS. Webull $3.5858 FWD EPS closely matches the NFLX published full-year 2026 EPS estimate of approximately $3.58–$3.59.
Break down of NFLX **2026 quarter EPS**
\- Q1 actual (includes the termination gain) = $1.23
\- Q2 actual = $0.80
\- Q3 Analyst estimate = $0.82
\- Q4 Analyst estimate = $0.74
** **
Total = $3.59
Netflix’s filings support the actual figures and inclusion of the fee; Zacks supplied the quarterly estimates. Summing the quarterly EPS is an approximation because share counts can change due to share buybacks etc …
Thus my conclusion: Webull & NFLX figures appear to use earnings that include the payment. Idk about other brokerage data FWD EPS.

FWD Investment Fund

(Current stock price / FWD PE) $68.31 ÷ 19.05 = $3.5858 of implied forward EPS. Webull $3.5858 FWD EPS closely matches the NFLX published full-year 2026 EPS estimate of approximately $3.58–$3.59.
Break down of NFLX **2026 quarter EPS**
\- Q1 actual (includes the termination gain) = $1.23
\- Q2 actual = $0.80
\- Q3 Analyst estimate = $0.82
\- Q4 Analyst estimate = $0.74
** **
Total = $3.59
Netflix’s filings support the actual figures and inclusion of the fee; Zacks supplied the quarterly estimates. Summing the quarterly EPS is an approximation because share counts can change due to share buybacks etc …
Thus my conclusion: Webull & NFLX figures appear to use earnings that include the payment. Idk about other brokerage data FWD EPS.

FWD Investment Fund

Yes, the normalized TTM & FWD PE is higher which most will fail to see. It removes one time payment from Warner Bros acquisition termination which was reported as income by Netflix. So the low PE shown by brokerage is deceiving.