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LOS ANGELES — netflix It is due to report its fourth-quarter earnings after Tuesday’s closing bell.
Wall Street will pay close attention to the details surrounding the company’s advertising-supported business model, its recent collection of live sporting events and the ongoing impact of its crackdown on passwords on subscriber numbers.
After all, this is expected to be the last time Netflix reports subscriber data to shareholders, as it plans to focus on revenue and other financial metrics as performance indicators.
Here’s what Wall Street expects for the company’s most recent quarter:
- Earnings per share: $4.20, according to LSEG
- Revenue: 10.11 billion dollars, according to LSEG
- Paid Memberships: 290.9 million, according to StreetAccount
“Netflix has established a virtually insurmountable lead in the streaming wars,” Wedbush analyst Alicia Reese wrote in a recent research note. “Netflix can retain its moat as competitors try to replicate its business model. Even as Netflix has weathered the crackdown on password sharing, we expect its level of advertising to drive revenue growth for several years. So far, the “The introduction of advertising tier has limited churn, reducing pressure to add new subscribers, with at least 30 million accounts converting to advertising tier in the last six months.”
Reese noted that Netflix is positioned to accelerate revenue from its advertising tier as it continues to add more live events, improve its advertising targeting and establish new partnerships. He said he expects Netflix’s level of advertising to be its main growth driver by 2026.
This is breaking news. Please check back for updates.
