Netflix Must Show That Growth Is Here to Stay After 40% Rally
- Expectations are running high after October’s blowout earnings
- Quarterly revenue growth is expected to be most since 2021
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There’s a lot riding on Netflix Inc. to demonstrate that it’s back in growth mode after a pandemic hangover, when the streaming giant reports earnings after market on Tuesday.
The stock has gained more than 40% since Netflix’s last report in October, which showed subscriber additions that blew past expectations. Wall Street sees this trend continuing, with revenue rising 11% in the fourth quarter. That would be its fastest expansion in two years, when the company got a boost from the stay-at-home economy.