[Stock Prediction] How will NFLX close Friday 18/10 following their earnings?
Click to vote. Guess how $Netflix(NFLX)$ will close on Friday, October 18, following their earnings? If you get the correct answer, you may divide 1000 Tiger Coins with other Tigers.
$Netflix(NFLX)$ is set to share its financial performance for the second quarter of 2024 after the bell on Thursday, Oct. 17, 2024.Netflix's Q3 revenue is expected to be $9.77 billion, rising 14.37% compared to the last year. Net income grew to $2.24 billion, or $5.16 per share, according to Bloomberg's consensus expectation. Yet new additions are expected to be 4.27 million, 51.3% lower compared to the same period last year.
Subscriber growth remains a key metric that could influence the market’s reaction to Netflix’s Q3 results. Netflix net additions are to be sequentially lower in Q3. It is estimated that net streaming subscriber additions would be 4.27 million in 3Q vs. 2Q's blowout with 8.05 million, which got a bump from the password crackdown.
For more information about Netflix‘ Earnings Preview, please click Netflix Earnings Preview: Double-Digit Revenue Growth Is Expected, While Subscriber Additions May Slow
Netflix's earnings call will be held on 18 October 2024 at approximately at 04:45 SGT. To set a reminder, please click here
💰Event Details
Click to vote. Guess where $Netflix(NFLX)$ will move following their earnings? If you get the correct answer, you may divide 1000 Tiger Coins with other Tigers.
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⏰Event Duration
From 14 October 2024 to 18 October 2024 at 04:00 SGT
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How will NFLX close Friday 18/10 following their earnings?(Single choice)Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
