Netflix Earnings Preview: Analysts Cut Stock Price Targets in Reset

  • 📰 THR
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 53%

United States News News

United States United States Latest News,United States United States Headlines

The sentiment from analysts heading into the third-quarter results on Oct. 18 is that expectations may have become a bit too exuberant amid a slow advertising ramp-up and possible increased spending on licensed content.

Netflix is expected to post strong subscriber gains when it reports its latest quarterly results on Oct.

18, but you couldn’t tell that from the stock’s performance since the global streamer’s July earnings update, when it added 5.9 million subscribers to total 238.4 million global paid memberships. That is because shares in the streaming giant,

 

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

 /  🏆 411. in US

United States United States Latest News, United States United States Headlines

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

Regional banks are in focus in the week ahead as third-quarter earnings season ramps upRegional bank earnings are expected to be a weak point this earnings season.
Source: CNBC - 🏆 12. / 72 Read more »

Netflix downgraded ahead of earnings on 'full' 24 expectations: 4 big analyst cutsNetflix downgraded ahead of earnings on 'full' 24 expectations: 4 big analyst cuts
Source: Investingcom - 🏆 450. / 53 Read more »

- UK CPI, wages, China Q3 GDP, Whitbread, Tesla and Netflix earningsUK CPI (Sep) – 18/10 – the Bank of England caught a lot of people on the wrong foot when they decided by a narrow majority to keep interest rates unc
Source: FXStreetNews - 🏆 14. / 72 Read more »

Earnings playbook: Netflix and Goldman Sachs headline a big week of reportsExpectations for the overall earnings season are muted.
Source: CNBC - 🏆 12. / 72 Read more »