From Zacks Investment Research: 2025-01-17 19:20:10

Investors are looking ahead to Netflix’s Q4 results on Tuesday, with sales expected to increase 14% to $10.12 billion and EPS to climb 98% to $4.19. Netflix is projected to end fiscal 2024 with a 15% sales increase and a 64% earnings spike. The streaming giant has exceeded sales estimates for five consecutive quarters and surpassed earnings expectations in three of its last four reports. Netflix is also expected to have added over 7 million subscribers in Q4, bringing their total to $287.48 million. The stock is trading at a 35.6X forward earnings multiple, below its five-year high and a slight discount to the median during this period.



Read more at Zacks Investment Research: Time to Buy Netflix Stock as Q4 Earnings Approach? – January 17, 2025