xtrade_Netflix Earnings report_en

 

Will Netflix earnings dazzle us again?

 

Netflix will be reporting its earnings for the 1st quarter today, after market close.

 

NFLX forecast 6 million new subscribers as the quarter was unfolding, down from the 8.5 million it logged in the Q4 2020, but Wall Street seems to be bracing for a stronger showing. Although NFLX typically tries to keep its expectations close to real, as it is expecting $2.97 gain per share.

 

Analysts are looking for another wave of strong subscriber gains, even though the NFLX C-suite keeps trying to temper expectations.

 

Get ready for an interesting earning report, the official numbers could have quite an impact, for better or worse!

 

 

 

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