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That selloff began in earnest in July when NFLX startled Wall Street with a rare underwhelming performance of its membership base as the onslaught of the so-called “streaming wars” was readying for combat. But after bottoming out in late September, shares seem to be clawing back. Also unsettling is that NFLX lost 126,000 U.S. subscribers during the quarter , which marked its first shrinkage in eight years. That lent itself to the appearance that rivals are threatening to take root and share of eyes, a key market metric.
All this comes at a time when creating content has been getting pricier. Some analysts worry that the pressure on NFLX to produce more original content at higher costs could take a bite out of future earnings. They also said they’ll be tuning in to hear about NFLX’s global expansion plans—meaning, how NFLX might be planning to capture worldwide market share ahead of these new entrants.earnings of $1.04 per share
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