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13.10.2019 19:00:00

Netflix Earnings: What I’ll Be Watching

Investors have a long list of worries heading into Netflix's (NASDAQ: NFLX) third-quarter earnings report. The leader in streaming TV announced its worst subscriber miss in years back in July, when membership additions landed at 2.7 million compared with the prediction of 5 million. That miscalculation puts the pressure on management to try to avoid a first-ever back-to-back growth whiff when it reports results on Wednesday, Oct. 16.Investors might be just as concerned with the changing competitive environment and what the entry of new rivals like Disney (NYSE: DIS) and Apple (NASDAQ: AAPL) might mean for growth and profitability in 2020 and beyond.Image source: Getty Images.Continue reading
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