Key Metrics and Analyst Predictions
Netflix's upcoming earnings report is expected to reveal strong growth in both earnings and revenue. Analysts predict earnings per share (EPS) of $4.49, representing a 55.9% increase year-over-year. Revenue is expected to reach $9.26 billion, a 13.4% increase from the same period last year.
The consensus EPS estimate for the quarter has been revised upward by 0.1% over the past 30 days. This indicates that analysts are becoming more optimistic about Netflix's performance.
Revenue- Streaming Revenues: Analysts predict $9.26 billion, a 13.9% year-over-year increase.
Expected to reach $4.10 billion, a 13.6% increase from the year-ago quarter.
Projected at $1.05 billion, a 12.6% increase year-over-year.
Expected to reach $1.13 billion, a 5.5% increase from the prior-year quarter.
Projected at $2.98 billion, an 18.3% increase from the prior-year quarter.
Paid net membership additions (losses): Analysts predict 5,251.33 thousand, compared to 1,751 thousand in the same quarter last year.
LATAM: Expected to reach 46,754.50 thousand, compared to 41,249 thousand in the previous year.
Projected at 81,379.01 thousand, compared to 74,398 thousand in the year-ago quarter.
Expected to reach 46,843.30 thousand, compared to 39,478 thousand in the previous year.
Projected at 265,902.60 thousand, compared to 232,498 thousand in the year-ago quarter.
Expected to reach 90,925.74 thousand, compared to 77,373 thousand in the previous year.
Expected to come in at $11.19, compared to $10.89 in the same quarter of the previous year.
Over the past month, Netflix shares have outperformed the market, returning +2.8% compared to the Zacks S&P 500 composite's -0.9% change. With a Zacks Rank #3 (Hold), NFLX is expected to perform in line with the overall market in the upcoming period.