Right here’s how Netflix sometimes fares after reporting first-quarter earnings
Co-founder and director of Netflix Reed Hastings delivers a speech as he inaugurates the brand new places of work of Netflix France, in Paris on January 17, 2020.
Christophe Archambault | AFP | Getty Pictures
If historical past is any indication, Netflix shareholders should not get their hopes up for an enormous acquire off of Tuesday’s earnings report.
The streaming video large will reveal its first-quarter outcomes after the bell on Thursday, and Wall Road analysts are nonetheless bullish on the inventory regardless of a sluggish begin to the yr for the shares. Nevertheless, based on information from Bespoke Funding Group, Netflix sometimes shouldn’t be rewarded for sturdy first-quarter outcomes with a pop in its inventory worth.
This is how Netflix’s earnings efficiency breaks down by quarter.
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