Compared to the current estimate, the company reported 74,296 thousand in the same quarter of the previous year.Īnalysts expect 'LATAM - Paid memberships at end of period' to come in at 45,319.20 thousand. The estimate compares to the year-ago value of 230,747 thousand.īased on the collective assessment of analysts, 'UCAN - Paid memberships at end of period' should arrive at 79,646.55 thousand. The average prediction of analysts places 'Global Streaming Memberships - Paid memberships at end of period' at 256,017.40 thousand. The estimate points to a change of +11.6% from the year-ago quarter. The estimate indicates a change of +11.3% from the prior-year quarter.Īnalysts' assessment points toward 'Revenue- Latin America (LATAM)' reaching $1.13 billion. The consensus estimate for 'Revenue- Asia-Pacific (APAC)' stands at $953.74 million. The estimate indicates a change of +8.6% from the prior-year quarter. The consensus among analysts is that 'Revenue- United States and Canada (UCAN)' will reach $3.90 billion. The estimate points to a change of +11.4% from the year-ago quarter. It is projected by analysts that the 'Revenue- Streaming Revenues' will reach $8.71 billion. With that in mind, let's delve into the average projections of some Netflix metrics that are commonly tracked and projected by analysts on Wall Street. While investors typically use consensus earnings and revenue estimates as indicators of quarterly business performance, exploring analysts' projections for specific key metrics can offer valuable insights. Empirical studies consistently reveal a strong link between trends in earnings estimate revisions and the short-term price performance of a stock. These revisions serve as a critical gauge for predicting potential investor behaviors with respect to the stock. Prior to a company's earnings release, it is of utmost importance to factor in any revisions made to the earnings projections. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe. The consensus EPS estimate for the quarter has been revised 0.3% higher over the last 30 days to the current level. It is anticipated that revenues will amount to $8.72 billion, exhibiting an increase of 11% compared to the year-ago quarter. Wall Street analysts forecast that Netflix (NFLX) will report quarterly earnings of $2.20 per share in its upcoming release, pointing to a year-over-year increase of 1733.3%.
0 Comments
Leave a Reply. |