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Netflix is slipping ahead of its earnings report (NFLX)





netflix stock price

Netflix is set to report earnings after the bell on Monday, and the company’s stock is slipping in anticipation of the report.

Netflix is trading 0.64% lower at $198.27 ahead of Monday’s report.

Netflix is expected to report adjusted earnings of $0.41 per share on revenue of $2.974 billion. The company is also expected to report the number of added subscribers in the third quarter. Analysts are estimating a net add of 774,000 US streaming subscribers and 3.72 million international subscribers in the quarter, according to data from Bloomberg.

Wall Street is fairly bullish ahead of the earnings report. About 60% read more >>>

Source:: BusinessInsider.Com

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