Netflix will report earnings after the bell. Here's what to expect [CNBC]
Netflix, Inc. (NFLX)
Last netflix, inc. earnings: 4/21 04:00 pm
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US:NASDAQ Investor Relations:
ir.netflix.com/investor-relations
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Source: CNBC
Reed Hastings attends Reed Hastings panel during Netflix 'See What's Next' event at Villa Miani on April 18, 2018 in Rome, Italy.Getty ImagesWall Street is anticipating earnings per share of $1.65 on revenue of $5.76 billion, based on Refinitiv consensus estimates. Domestic (U.S. and Canada) paid subscriber additions is expected to come in at 775,000 and international paid subscriber additions is expected to be 7.2 million, according to FactSet. However, it's difficult to compare reported earnings to analyst estimates for Netflix's first quarter, as the impact of the coronavirus pandemic on earnings is complicated to assess.Netflix has ranked amonganalysts' favorite"stay at home" stocksZoomGoldman Sachs analystsexpect Netflix to significantly outperform its first quarter revenue guidance"Content additions to the platform, combined with the value of Net?ix's library to those staying home during the COVID-19 crisis, drove this outperformance, more than offsetting the lingering impact of
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