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Netflix ‘Juggernaut' Faces High Bar After $112 Billion Rally [Yahoo! Finance]
Last netflix, inc. earnings: 4/21 04:00 pm
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US:NASDAQ Investor Relations: ir.netflix.com/investor-relations
Most Read from Bloomberg Dubai Grinds to Standstill as Cloud Seeding Worsens Flooding Elon Wants His Money Back Singapore Loses ‘World's Best Airport' Crown to Qatar Record Rainfall in Dubai? Blame Climate Change, Not Cloud Seeding Red Lobster Considers Bankruptcy to Deal With Leases and Labor Costs The shares have been on a tear in the past six months, adding $112 billion in value. Netflix is one of the top performers on the S&P 500 Index, rallying to within about 13% of its 2021 record high as growing earnings have driven down its valuation. It's up 25% since its January report, where it flagged its best quarter of growth since the coronavirus pandemic. The drivers behind that gain — a password crackdown and a new ad-supported subscription tier — are expected to continue into the first quarter of the year, with bullish investors hoping the results are the next catalyst for Netflix's run. Wall Street expects this to be the firm's strongest quarter yet in terms of adjus
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