Netflix Due To Report Earnings After Wednesday’s Closing Bell

By John Heerdink LinkedIn

Wall Street analysts are expecting that streaming giant Netflix (NFLX) will report Q3 adjusted earnings of $1.23/share on $5.25B in revenues when they report post the closing bell on Wednesday.

The competitive landscape or minefield has weighed heavily on many invested in Netflix. Disney (DIS), Apple (AAPL) , AT&T’s (T) HBO Max, Comcast Corp.’s (CMCSA) NBCUniversal, Amazon (AMZN) , Roku Inc. (ROKU) and now AMC Theatres which announced today that it is entering the the streaming market with an on demand service may continue to add pressure and prove to make a dent on their growth trajectory.

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