Netflix reports after the bell Thursday, ushering in the start of earnings season for Wall Street's biggest media and technology giants.
Analysts expect the streaming behemoth to post earnings of $4.74 per share on about $9.53 billion in revenue, according to analysts polled by LSEG.
The analyst regards upside to subscriber additions, commentary surrounding margin expansion and a reacceleration in revenue as key for investors.
Jefferies analyst James Heaney expects these programs and a strong content slate position Netflix well for a second-quarter subscriber beat.
Netflix has made strides within advertising, disclosing in May that there were 40 million active monthly users in the tier.
Persons:
Goldman Sachs, Eric Sheridan, Morgan Stanley's Benjamin Swinburne, Jefferies, James Heaney, JPMorgan's Doug Anmuth, Morgan Stanley's Swinburne, Evercore ISI's Mark Mahaney, Jessica Ehrlich, Jason Bazinet, Piper Sandler's Matt Farrell, Farrell
Organizations:
Netflix, Wall Street's, LSEG, Bank of America