News Digest / Analysis & Ideas / Netflix Earnings Preview: Key Numbers to Watch

Netflix Earnings Preview: Key Numbers to Watch

Alex Vellor
10:18am, Monday, Jan 20, 2025
Photo by "cottonbro" studio, pexels.com

Netflix (NASDAQ:NFLX) is set to report its quarterly earnings tomorrow after market close. Here's a breakdown of key data and what investors should know ahead of the release.

Strong Past Performance Sets Expectations

Last quarter, Netflix reported $9.82 billion in revenue, beating Wall Street’s estimates by 0.6%. This marked a 15% year-over-year growth. The company posted 282.7 million subscribers, a 14.4% annual increase. Netflix also exceeded expectations on EBITDA and provided upbeat EPS guidance.

Metric Expected Value Last Quarter Actual YoY Growth
Revenue $10.11 billion $9.82 billion 14.4%
Adjusted EPS $4.21 per share $3.73 12.9%
Subscribers Data not yet reported 282.7 million 14.4% (previous)
Average Analyst Target $873.81 per share Current: $861.50 -

Analyst Sentiment

Wall Street has largely maintained its forecasts over the past month, indicating stability in Netflix's business model heading into the results. Analysts have expressed confidence, though Netflix has missed revenue expectations three times in the past two years.

Netflix’s stock price, however, hasn’t followed the broader sector’s recent optimism. While consumer internet stocks rose 3.6% on average last month, Netflix dipped 5.5%.

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Alex Vellor

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