Netflix Earnings Preview: Key Numbers to Watch


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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