Home » General World News » Netflix pops ahead of earnings — here’s what to expect from its report (NFLX)

Netflix pops ahead of earnings — here’s what to expect from its report (NFLX)





Netflix stock price

  • Netflix is scheduled to report earnings after the closing bell Monday.
  • The streaming giant is expected to post modest growth at home in the US, and even more from abroad.

Shares of Netflix rose 2.6% Monday morning ahead of its scheduled fourth quarter earnings report after the closing bell, signaling investor confidence in the streaming giant.

Wall Street analysts polled by Bloomberg expect Netflix to report earnings of $0.504 per share on revenue of $3.277 billion.

Netflix has been growing faster internationally than in the US in recent quarters. It’s expected to add 1.29 million domestic streaming subscribers and 5.05 million internationally, read more >>>

Source:: BusinessInsider.Com

Comments are closed.