Netflix Earnings Preview: Analysts Expect Strong Results in the Face of Macroeconomic Headwinds
Headline:
Netflix (NFLX) is scheduled to report its fourth-quarter financial results on Tuesday after the market closes.
Key Points:
* Analysts' Expectations: Revenue of $10.11 billion (vs. $8.83 billion in Q4 2023); Earnings per share of $4.18 (vs. $2.11 in Q4 2023); Net subscriber additions of 9.18 million (vs. 13.12 million in Q4 2023)
* Strong Content Slate: Netflix's lineup, including back-to-back NFL games, the "Jake Paul vs. Mike Tyson" boxing match, and the return of "Squid Game," has driven viewer engagement.
* Live Sports Success: The Jake Paul vs. Mike Tyson match attracted over 108 million global viewers, making it the most-streamed sporting event of all time. NFL games also averaged around 30 million viewers.
* **Future Growth Drivers