Bloomberg: What to look for in Netflix earnings report?
$Netflix (NFLX.US)$is set to return to adding paid subscribers in the third-quarter, after two straight quarters of declines, with analysts pointing togrowth in Asia and Latin Americaas helping the streaming company achieve its own target of1 million net subscription addsin the period.
Investors will be on the lookout for more color on howa lower-priced, ad-supported subscription tierlaunching next month will impact earnings as the company diversifies its revenue streams.
Netflix’s top-line may face “meaningful”currency headwindsagain this quarter, according to analysts at Truist Securities, with consensus calling for about 5% growth from a year ago, the slowest pace on record.
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