News Formal

Netflix reports earnings after the bell. Here's what Wall Street is watching

  • 📰 CNBC
  • ⏱ Reading Time:
  • 8 sec. here
  • 8 min. at publisher
  • 📊 Quality Score:
  • News: 27%
  • Publisher: 72%

Technology News

Breaking News: Technology,Earnings,Netflix Inc

Wall Street will be keeping close watch on subscriber numbers as Netflix cracks down on password sharing and rolls out its advertising tier.

Netflix reports after the bell Thursday, ushering in the start of earnings season for Wall Street's biggest media and technology giants. Analysts expect the streaming behemoth to post earnings of $4.74 per share on about $9.53 billion in revenue, according to analysts polled by LSEG. Last quarter , the company earned $5.28 per share on $9.37 billion in revenue, and saw a 16% increase in total memberships.

Here are Thursday's biggest analyst calls: Nvidia, Gap, Exxon, Apple, Block, Toast, Allstate, AMC, Chipotle, Dollar Tree & more

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Wall Street banks name UK stocks to watch as Brits head to the pollsRBC has drawn parallels between current market performance and that of a prior general election.
Source: CNBC - 🏆 12. / 72 Read more »