Netflix Q3 Earnings Preview: Ad-Supported Plan, Price Hikes, And Content Slate Key Focus As Company 'Adds More And More Live Content'
Portfolio Pulse from Chris Katje
Netflix is set to report its Q3 earnings, with a focus on its ad-supported plan, price hikes, and content slate. Analysts expect revenue of $9.77 billion and EPS of $5.12, both above company guidance. Analysts have raised price targets, citing Netflix's market leadership and pricing power. The company is also expected to provide updates on live sports content and the ad-supported plan, which are seen as key components for long-term growth.
October 16, 2024 | 7:27 pm
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Netflix's Q3 earnings report will focus on its ad-supported plan, price hikes, and content slate. Analysts expect revenue and EPS above company guidance, with raised price targets due to market leadership and pricing power. Updates on live sports content and ad plans are crucial for long-term growth.
Netflix is expected to report strong Q3 earnings with revenue and EPS above guidance. Analysts have raised price targets, citing Netflix's market leadership and pricing power. The focus on ad-supported plans and live sports content is seen as crucial for long-term growth, which could positively impact the stock price in the short term.
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