Netflix's all-important subscriber growth forecast fell short. Here's what Wall Street is saying about the streaming giant's earnings.

next quarter than Wall Street was hoping for, but that did little to deter overwhelmingly optimistic analysts on Wednesday.

He expects global paid subscriber growth to accelerate this year despite the company's tepid second-quarter forecast. Netflix expects to add a net 5 million paid subscribers globally during the second quarter, shy of the 6.09 million that Wall Street was anticipating. Both the US and interntional subscriber growth forecasts both fell short of expectations.

Others aren't convinced the disappointing subscriber growth guidance is just a blip in an otherwise bullish narrative. "We think the best-case scenario that US consumers will add Disney+, Apple+ and/or WarnerBros' new SVOD services to their Netflix SVOD service is too optimistic," the analysts, who have a"neutral" rating and no price target, said about the subscription video on demand services.concerns from companies like Disney and Apple that are focused on a particular demographic, like families with children, or sports fans.

how often do you engage with your people tho.

Colombia Últimas Noticias, Colombia Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Here's what major analysts said about Netflix's mixed earnings reportAnalysts remain bullish on Netflix despite a mixed quarter.
Fuente: CNBC - 🏆 12. / 72 Leer más »

Here's what major analysts think of Netflix before its earnings report TuesdayAnalysts watching Netflix closely as it reports earnings after the bell.
Fuente: CNBC - 🏆 12. / 72 Leer más »

From JPMorgan to Reed Hastings, here's who has the most at stake ahead of Netflix earningsNetflix is set to release its quarterly earnings after the bell on Tuesday. Markets Insider has compiled data on the stock's biggest shareholders.
Fuente: BusinessInsider - 🏆 729. / 51 Leer más »

Wall Street inches higher on tech boost, Johnson & Johnson earningsU.S. stocks edged higher on Tuesday, as an advance in technology shares and a ju...
Fuente: Reuters - 🏆 2. / 97 Leer más »

Morgan Stanley is set to report first-quarter earnings — here's what the Street expectsMorgan Stanley is the last of the six largest U.S. banks to report first-quarter earnings. Very Interesting ! I also like InstaCryptoNews
Fuente: CNBC - 🏆 12. / 72 Leer más »

JP Morgan Chase is set to report first-quarter earnings – here's what the Street expectsBank stocks under-performed the broader market in the first quarter after the Federal Reserve said in March that it was pausing rate hikes for the remainder of the year. 9 Wall Street Execs Who Cashed In on the Crisis. Meet the moguls who made out like bandits. (NO JAIL TIME) BIG FAT BONUSES.!! 2008.!! TAX CUTS TO THE RICH DON'T WORK!! WHEN YOU DON'T PUT THESE SOB'S IN JAIL YOU GET MORE OF THE SAME.!! katieporteroc
Fuente: CNBC - 🏆 12. / 72 Leer más »