Beda Zawrzel | Nurphoto | Pictures of getty
Netflix You will need to inform the first quarter revenue after the closing bell on Thursday.
The report marks the first time the Streaming giant does not reveal quarterly subscriber data, as it changes its strategy to focus on revenue and other financial metrics as performance indicators.
Netflix’s income also occurs, as the actions of traditional media companies have been affected by a tumultuous market driven by President Donald Trump’s trade policy.
Of the main Hollywood studies, Netflix has remained relatively indigenous for the financial disorder. Shares have increased by 4.5% in the last month. Meanwhile, competitors as Emphasized, Discovery Warner Bros., Disney and Comcast All have been sold.
Investors will be eager to know Netflix’s executives about possible headers, particularly how the narrower spending of consumers can affect subscriptions and reduction.
This is what Wall Street expects for the most recent quarter of the company:
- Earnings per action: $ 5.71, according to LSEG
- Income: 10.51 billion dollars according to LSEG
Wall Street will also look for additional details about the business model of the company.
Last quarter, Netflix shared that its cheaper and advertising support levels represented more than 55% of registrations in the countries where the option is offered. The company also said that members of their advertising support plans grew about 30% of the quarter.
Executives also said that the company was planning to continue to grow their ad business and improve their basic business with more series and films and improvements for their product experience. The company is also expected to deepen the live event space.
This is a news story. Re -check if there are updates.
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