Here's What Wall Street Is Looking for in Netflix's Earnings
- Expectations are high after shares gained 15% to start 2018
- Subscription forecast for first quarter is key investor focus
How MKM's Strugger Is Trading Netflix Ahead of Earnings
After a hot start in 2018, expectations are high for Netflix’s fourth-quarter earnings report due after the market closes. Net subscriber additions continue to be of keen interest to investors, particularly the subscription forecast for the first quarter. While hits like the second season of “Stranger Things” and the film “Bright” are expected to have supported strong subscriber additions in the fourth quarter, Netflix doesn’t yet have a definitive hit to rely on this quarter, Bank of America Merrill Lynch said. Netflix shares added almost 1 percent in pre-market trading Monday after Barron’s speculated over the weekend that Apple may acquire it, adding to a 15 percent gain so far this year.
Here’s what others on Wall Street are saying: