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Netflix Reports Earnings Today. What to Expect.

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Paid subscription net adds were 8.8 million versus Wall Street's 6.1 million estimate.

Netflix reported better than expected earnings for the September quarter, sending the stock higher in after-hours trading.

Netflix also forecast revenue of $8.7 billion for the current quarter, compared with the consensus view of $8.78 billion.This is breaking news. Read a preview of Netflix earnings below and check back for more analysis soon. Last week, Wolfe analyst Peter Supino lowered his rating to Peer Perform from Outperform for Netflix and removed his $500 price target on the stock, citing worries about growth in the coming years.

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