Can Netflix stay one of Wall Street's favorite pandemic stocks? Results due Thursday

📆 14/07/2020 23:02:00
📰 ChannelNewsAsia

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Netflix Inc will tell investors on Thursday how home-bound audiences and a lack of live sports have boosted its membership rolls even as streaming ...

LOS ANGELES: Netflix Inc will tell investors on Thursday how home-bound audiences and a lack of live sports have boosted its membership rolls even as streaming competition rises to unprecedented levels.

Industry analysts still expect robust growth for April through June. The average forecast for new paying customers is 8.1 million globally, according to IBES data from Refinitiv.

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