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The streaming giant drops its earnings report after the closing bell. @morningstar's Matthew Dolgin calls Netflix's (NFLX) recent quarters "astoundingly good," but notes advertising as a critical growth driver as the company turns away from subscription growth.
Netflix, Inc. NFLX will release earnings results for its third quarter after the closing bell on Thursday, Oct. 17.
Tom Rogers, Oorbit Gaming and Entertainment executive chairman and former NBC Cable president, joins 'Squawk Box' to preview Netflix's quarterly earnings results after the bell today, what to expect from the streaming giant, and more.
Peter Supino, Managing Director & Senior Analyst at Wolfe Research, discusses Netflix's subscriber growth and engagement trends. While subscribers are up, he notes that engagement has declined due to the impact of the paid sharing program, which has led some password sharers not to convert to subscriptions.
On Thursday night, October 17th, Netflix will release their 3rd quarter '24 financial results after the closing bell. Consensus sell-side estimates will be expecting $5.12 in EPS on $9.77 billion in revenue for expected y-o-y growth of 37% and 14% respectively. The consensus operating income estimate is $2.72 billion and is expected to be up 37% y-o-y.
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Tom Rogers, Oorbit Media & Entertainment executive chairman, Newsweek editor-at-large, and Fmr. NBC Cable President, joins 'Fast Money' to talk Netflix earnings.
Laura Martin, Needham senior analyst, joins 'Closing Bell Overtime' to talk Netflix earnings.
Netflix (NFLX) reports earnings after markets close tomorrow as the stock trades near its all-time high. The streaming giant will change the way it reports in the coming quarters, and Alicia Reese says traditional earnings numbers will be the ones to watch.
Netflix's stock recently hit an all-time high, but can the growth keep going? The US and Canada drive 70% of Netflix's revenue growth and are crucial for its future ad expansion.