Consensus expectations are high, and the company has no room for error.Tech stocks, the engine of the recent bull market, are now in the spotlight as Q2 earnings season heats up. All eyes are on Netflix coming in at $633.44, or 2.2% below the current price.Netflix is therefore approaching its earnings release at fairly high levels, and analysts' expectations in terms of profits and revenues are also high, implying that the balance of risks is tilted to the downside.
What's more, beyond the influence of the results on Netflix's share price, this publication could also have an impact on the technology sector in general, given that optimism is already starting to wane, withThis summer, get exclusive discounts on our subscriptions, including annual plans for less than $8 a month!Disclaimer:
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