LIVE: Here comes Netflix earnings

Advertisement
LIVE: Here comes Netflix earnings

Reed Hastings

Reuters/Mike Blake

Netflix CEO Reed Hastings' company will be reporting its second-quarter results Monday afternoon.

Advertisement

Netflix will release its second-quarter results after the bell on Monday, and analysts have high hopes for the report.

Here's what Wall Street is expecting, on average, and how those expectations compare with the company's results from the same period last year:

Complimentary Tech Event
Transform talent with learning that works
Capability development is critical for businesses who want to push the envelope of innovation.Discover how business leaders are strategizing around building talent capabilities and empowering employee transformation.Know More
  • Revenue: $3.94 billion. In second quarter last year, Netflix posted $2.79 billion in sales.
  • Earnings per share: 79.4 cents. In the second quarter of 2017, it earned 15 cents a share.
  • Subscriber additions: 1.21 in the US and 5.06 million internationally, according to Bloomberg. In the second quarter last year, it added 1.07 million US subscribers and 4.14 international ones.

Netflix's shares were up $5.75 cents, or about 1%, to $401.55 in late trading Monday. The stock is up nearly 150% over the last year.

Advertisement

{{}}