LIVE: Netflix reports earnings
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Netflix will report its Q1 earnings Monday after the bell, and Wall Street is expecting a modest beat relative to Netflix's guidance.
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The key numbers investors will be watching are the domestic and international subscriber additions, both of which can typically cause the stock to swing wildly post-earnings.
Here is what Wall Street is expecting, via Bloomberg:
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- Q1 EPS (GAAP): Wall Street forecasts $0.37.
- Q1 revenue: Wall Street forecasts $2.65 billion.
- Q1 US subscriber growth (net additions): Wall Street forecasts 1.59 million, versus Netflix guidance of 1.5 million.
- Q1 international subscriber growth (net additions): Wall Street forecasts 3.9 million, versus Netflix guidance of 3.7 million.
- Q2 subscriber growth guidance (domestic): Wall Street forecasts 420,500.
- Q2 subscriber growth guidance (international): Wall Street forecasts 2.1 million.
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