Saturday, April 16, 2022

Netflix Earning Scheduled For Early This Next Week -- April 16, 2022

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Link here.

Netflix earnings preview: Netflix (NFLX) will report earnings on April 19 to expectations for revenue of $7.9B and EPS of $2.87. 
As usual, the bigger focus will be on global paid subscriber additions. The streaming giant guided for 2.5M net adds and the consensus forecast from analysts is for 2.6M. 
One of the key metrics from the report will be average revenue per user, which is seen rising 8% year-over-year to $11.75 for the quarter. 
The content slate is stronger for Netflix in Q32 (sic -- probably meant Q3), with notable releases including Ozark finale); Stranger Things Season 4 Part 1, Elite Season 5; Our Great National Parks; Russian Doll; and, a new season of Peaky Blinders.

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