Netflix is set to report earnings – here's what Wall Street expects

The streaming company is still navigating its transformation from focusing on subscriber growth to focusing on profit, using price hikes, password crackdowns and ad-supported tiers to boost revenue.

Investors will be looking to hear from the company's executives about how Netflix will grapple with these headwinds and for a status report on its ad tier.$3.49 per share, according to LSEG, formerly known as Refinitiv243.88 million, according to Street Account Company executives previously warned investors that its ad tier is still in its infancy and shareholders shouldn't expect it to have a major impact on revenue until at least the end of the year.

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

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

Analysts are getting bullish on these corporate earnings slated for release this weekWall Street analysts predict that these companies will upsides following their quarterly earnings announcements this week.
Source: CNBC - 🏆 12. / 72 Read more »

Pfizer Says Wall Street Was Right On Covid MarketPfizer ratcheted down its guidance for this year, to a combined $12.5 billion from its Covid-19 vaccine and therapeutic.
Source: MarketWatch - 🏆 3. / 97 Read more »

Business Highlights: Ford chairman says UAW strike threatens company future; Wall Street makes gainsBusiness Highlights: A summary of the day’s top stories in the business world.
Source: AP - 🏆 728. / 51 Read more »

Stock futures tick up as Wall Street look towards busy earnings week: Live updatesStock futures rose slightly Monday as corporate earnings season begins to pick up.
Source: NBCNewYork - 🏆 270. / 63 Read more »

Stock futures tick up as Wall Street look towards busy earnings week: Live updatesStock futures rose slightly Monday as corporate earnings season begins to pick up.
Source: CNBC - 🏆 12. / 72 Read more »