Analysts predict Netflix’s first quarter earnings report
The Netflix brand is seen on their workplace in Hollywood, Los Angeles, California, July 16, 2018.
Lucy Nicholson | Reuters
Netflix will stay a winner even after the coronavirus, Wall Road analysts assured buyers forward of the corporate’s first quarter earnings report on Tuesday after the bell.
Shares are up simply 1% this 12 months amid rising competitors from the likes of Disney+ and others, however most analysts are sticking with the inventory.
Subscribers additionally flocked to the streaming large throughout the pandemic and buyers can be watching to see if that pattern continues.
Different gadgets to observe for embrace worldwide enlargement, worth will increase, and the way the corporate handles plans to crack down on password sharing.
Here is what analysts anticipate from Netflix’s first quarter earnings:
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