The unofficial start of the first-quarter reporting season for technology giants begins with Netflix after the bell Thursday. Shares of the media behemoth have kicked off the year on a strong note, rallying nearly 26% and outperforming the broader S & P 500. The pressure is on for Netflix following two back-to-back quarterly reports that boosted shares double-digits in the ensuing trading sessions.
mountain Shares this year For the first quarter, analysts polled by LSEG expect Netflix to report earnings of $4.52 per share on roughly $9.28 billion in revenue. The closely-watched subscriber add figure is expected to come in at 4.59 million, according to Street Account. Wall Street anticipates a largely rosy setup for the stock, with many forecasting that the company beats, or reports in line with expectations.
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Netflix is set to report earnings – here's what Wall Street expectsNetflix's main focus recently has been on juicing profits, not necessarily growing its subscriber count.
Sumber: CNBC - 🏆 12. / 72 Baca lebih lajut »
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Sumber: wjxt4 - 🏆 246. / 63 Baca lebih lajut »
Stock market today: Asian shares trade mixed after Wall Street closes near record finishAsian shares are trading mixed as investors await further indications of future U.S. interest rate cuts. Chinese markets rose while shares fell in Tokyo and Seoul. The Chinese yuan dipped to its lowest level in four months. Oil prices advanced and U.S. futures were lower.
Sumber: AP - 🏆 728. / 51 Baca lebih lajut »