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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