Netflix to report second-quarter earnings after the bell
Netflix earnings report: analysts eye ad growth, engagement trends, and deal talk See what Q2 results could mean for revenue, subscribers, and the stock
Netflix is set to release its secondquarter results on Thursday afternoon, with analysts expecting earnings of 79 cents per share on revenue of $12.59 billion.
Investors are focusing on several areas, including the company’s adsupported tier, engagement trends on its streaming platform, and any updates on possible deals as the media sector continues to consolidate.
The company has said it is on track to generate $3 billion in advertising revenue this year, and it recently signaled that it may provide fewer updates on engagement metrics going forward. Netflix’s analyst call is scheduled for 4:45 p.m. ET.