Netflix will report earnings after the bell. Here's what to expect

Netflix has ranked among analysts' favorite "stay at home" stocks as many have shifted to remote work and new entertainment options during the coronavirus pandemic.Reed Hastings attends Reed Hastings panel during Netflix 'See What's Next' event at Villa Miani on April 18, 2018 in Rome, Italy.is set to report its Q1 2020 earnings after the bell on Tuesday.

Wall Street is anticipating earnings per share of $1.65 on revenue of $5.76 billion, based on Refinitiv consensus estimates. Domestic 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.

Then profit takers will liquidate it like it was a pump and dump and the stock will stabilise. Just saying.

But it's the same ... Reporting for any company even if the do really well but fall short of analyst's expectations the market will crucify it. And even if it does really badly, (which it won't) but does better than analyst's expectations Netflix price will soar.

Watching Netflix is watching other people be successful. Doesn’t help with own earnings or gettin’ a job.

These earnings could be much better with a siriusxm / pandoramusic merger.

I wish they’d merge with pandoramusic!

Sell !

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Here's what every major Wall Street analyst is predicting for Netflix earnings after the bellNew for subscribers: Here's what every major Wall Street analyst is predicting for Netflix earnings after the bell Check out CNBCPro for a free trial.
La source: CNBC - 🏆 12. / 72 Lire la suite »

Netflix Q1 2020 earnings preview: Here's what 4 analysts are saying - Business InsiderHere's what 4 analysts are saying ahead of Netflix's quarterly earnings — the first to show the impact of coronavirus
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »

Wall Street Has High Hopes For Netflix's Latest Earnings ReportNetflix’s stock has risen more than 30 percent year-to-date, driven as of late by Wall Street expectations that the global streaming giant would turn out to be one of the rare beneficiaries of the coronavirus pandemic and governments’ stay-at-home orders Netflix has a tough job on its hands nevertheless... Their series and particularly their films are rapidly becoming outdated. Netflix
La source: THR - 🏆 411. / 53 Lire la suite »

Netflix And Snap Set To Kick Off Earnings Season Sure To Offer Coronavirus Insights AplentyNetflix and Snap Inc. will report quarterly financial results Tuesday, kicking off what is likely to be one of the most closely watched earnings seasons in recent memory for media and tech companie…
La source: DEADLINE - 🏆 109. / 63 Lire la suite »