Netflix Earnings: What to Expect After Market Close

is up 4.5% in the last month, showing its resilience compared to competitors like Paramount, Warner Bros. Discovery, Disney, and Comcast. Investors are keen to hear from Netflix executives about potential challenges ahead, especially with concerns about consumer spending affecting subscriptions and churn.

According to Wall Street analysts, Netflix is expected to report earnings per share of $5.71 and revenue of $10.51 billion for the first quarter. Additionally, there is anticipation for more details on the company’s advertising-supported business model. In the previous quarter, Netflix revealed that over 55% of new sign-ups opted for the cheaper, ad-supported tiers, leading to a 30% growth in memberships on these plans.

Executives have hinted at plans to expand their ads business, enhance their content offerings with more series and films, as well as improve the overall product experience. There’s also talk of Netflix entering the live event space, adding another layer of excitement for investors and consumers alike.

This breaking news story will be updated as more information becomes available, so stay tuned for the latest updates.