[UpcomingLive] Netflix (NFLX) Q1 2021 Earnings Conference Call

Apr.20,2021 18:00 EST we will broadcast the earnings conference call of the world's largest streaming media service provider $Netflix (NFLX.US)$.

Schedule:
Netflix: Apr. 20, 2021 18:00 EST / Apr. 21, 2021 06:00 SGT

Earnings Preview
Analyst estimated for earnings is currently pegged at $2.98 per share, up 2.4% over the past 30 days. By almost every measure, 2020 was an exceptional year for Netflix. The company raked in $25 billion of revenue, up from about $20 billion in the prior year. The COVID-19 pandemic was a key driver of the surge for Netflix in 2020 when it added 25.9 million subscribers, which also hit a record high of $593.29/share in 2021.

That growth was fueled by millions of consumers sheltering at home and eager for streaming entertainment amid the COVID-19 pandemic. However, Netflix reached the highest stock price in 2020, providing an almost flat performance for 2021 thus far, after gaining 67% in the previous year.

The growth rate of new user acquisition has slowed down and is faced with fierce challenges from from new streaming services competitors like Walt Disney Co.'s $Disney (DIS.US)$ Disney+, Apple Inc.'s $Apple (AAPL.US)$ Apple TV+, and NBCUniversal's Peacock. Can NFLX maintain its upward momentum in the post-pendemic era?
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