Netflix will release third-quarter results after Tuesday’s close, with Wall Street watching how recent price hikes and its growing ad tier are performing as consumers tighten spending. Analysts expect earnings of $6.97 per share and $11.51 billion in revenue, according to LSEG. Netflix beat expectations in the first two quarters, citing higher prices, more ad revenue, and increased sign-ups. Mike Proulx of Forrester said Q3 brought progress in podcasts, physical locations, and games, while warning diversification could dilute Netflix’s core.
Reviewed by JQJO team
#netflix #earnings #report #q3 #financials
Comments