Netflix (NFLX) To Report Earnings Tomorrow: Here Is What To Expect

Streaming video giant Netflix (NASDAQ: NFLX) will be reporting earnings this Tuesday after market close. Here’s what to look for.

Netflix met analysts’ revenue expectations last quarter, reporting revenues of $12.56 billion, up 13.4% year on year. It was a softer quarter for the company, with EPS guidance for next quarter missing analysts’ expectations and full-year revenue guidance meeting analysts’ expectations.

Is Netflix a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.

This quarter, the market is expecting Netflix’s revenue to grow 11.8% year on year, slowing from the 17.2% increase it recorded in the same quarter last year.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business will stay the course heading into earnings. Netflix has missed Wall Street’s revenue estimates multiple times over the last two years.

With Netflix being the first among its peers to report earnings this season, we don’t have anywhere else to look to get a hint at how this quarter will unfold for consumer internet stocks. However, investors in the segment have had steady hands going into earnings, with share prices flat over the last month. Netflix is down 4.1% during the same time .

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