LIVE: Netflix reports Q2 earnings as its stock remains near all-time highs - Business Insider

After subscribers signed up for Netflix at a dizzying pace in Q1, the streaming-video giant is expected to post Q2 earnings on Thursday that show it once again benefitted from the influx of people who are spending more time at home amid the coronavirus pandemic.

Wall Street estimates that Netflix grew its streaming subscriber base by 8.27 million paid accounts during the second quarter, compared with the company's forecast of 7.5 million net additions.sharp decline in the rate that international users were canceling NetflixThe pandemic has slowed down production globally, but you wouldn't yet know it from Netflix's release slate.

Yet, with all the enthusiasm around the media stock amid the pandemic, some analysts are wondering how long Netflix's lockdown lift will last.this week on the premise that it'll be tough for Netflix to match its current subscriber growth rates in the years ahead. Shares of Netflix have reached record highs in recent weeks. The stock closed at a high of $548.73 on July 10. Shares opened about 4% below that peak on the day of the second-quarter report.Wall Street estimates $6.09 billion and Netflix forecasts $6.05 billion.Q2 global paid subscriber growth :Wall Street estimates 983,530 in the US and Canada regionWall Street estimates 1.

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