$NFLX reports Q3 after the US close on Oct 20 ET (call at 4:45 PM ET) 🍿 Here are three things to watch.
The numbers: Consensus EPS is ~$0.82 and revenue ~$12.87B (+11.8% YoY, FactSet). LSEG expects ~40% EPS growth YoY. Estimates are as of Oct 20.
The org chart: About 1,000 layoffs (~6% of staff), the biggest cut since 2022, mostly in product, tech, legal and HR. Netflix is reportedly still on track for its full-year forecast.
The cast change: Content chief Bela Bajaria is out. Ex-Disney TV chairman Peter Rice takes over on Oct 26.
The risks: Shares struggled after each of the last 5 reports and fell 7%+ last quarter on in-line results. US churn is up 16.6% YoY (Apptopia) as YouTube competes for screen time.
On Binance: $NFLXon (tokenized stock) and NFLXUSDT (stock perp). Know the liquidity, leverage and trading-hour rules before trading either.
Sources: FactSet, LSEG, Apptopia, company reports. Originally posted on X: https://x.com/darkjay3/status/2112368514472476732
#TokenizedStocks #NFLX
Not financial advice.
The numbers: Consensus EPS is ~$0.82 and revenue ~$12.87B (+11.8% YoY, FactSet). LSEG expects ~40% EPS growth YoY. Estimates are as of Oct 20.
The org chart: About 1,000 layoffs (~6% of staff), the biggest cut since 2022, mostly in product, tech, legal and HR. Netflix is reportedly still on track for its full-year forecast.
The cast change: Content chief Bela Bajaria is out. Ex-Disney TV chairman Peter Rice takes over on Oct 26.
The risks: Shares struggled after each of the last 5 reports and fell 7%+ last quarter on in-line results. US churn is up 16.6% YoY (Apptopia) as YouTube competes for screen time.
On Binance: $NFLXon (tokenized stock) and NFLXUSDT (stock perp). Know the liquidity, leverage and trading-hour rules before trading either.
Sources: FactSet, LSEG, Apptopia, company reports. Originally posted on X: https://x.com/darkjay3/status/2112368514472476732
#TokenizedStocks #NFLX
Not financial advice.