LIVE: Netflix reports its Q4 earnings now

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LIVE: Netflix reports its Q4 earnings now

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Netflix

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Netflix will report its Q4 earnings on Thursday after the market closes, just days after unleashing its biggest price hike ever, which increased its most popular plan from $11 per month to $13.

Wall Street is expecting results roughly in line with Netflix's guidance.

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But all eyes will be on Netflix's subscriber growth this quarter, as well as its guidance for the next, as a sign of whether the price hike will hurt the streamer.

Netflix often swings wildly after earnings. But the stock has been on a tear since Christmas, rising 50%, so investors seem to be expecting good news already, which could dampen some of its rallying potential.

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We will update this post as the numbers cross.

Here are the key numbers for Netflix's Q4 earnings:

  • Q4 revenue: Wall Street estimates $4.21 billion and Netflix forecasts $4.20 billion.
  • Q4 earnings per share (GAAP): Wall Street estimates $0.24 and Netflix forecasts $0.23.
  • Q4 total subscriber growth (net additions): Wall Street estimates 9.2 million and Netflix forecasts 9.4 million.
    • Q4 US subscriber growth (net additions): Wall Street estimates 1.83 million and Netflix forecasts 1.8 million.
    • Q4 international subscriber growth (net additions): Wall Street estimates 7.38 million and Netflix forecasts 7.6 million.
  • Q4 total paid subscriber growth (paid net additions): Wall Street estimates 7.6 million and Netflix forecasts 7.6 million.
  • Q1 total paid subscriber growth (estimated paid net additions): Wall Street estimates 8.5 million.
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