What to Expect From Netflix's Second-Quarter Earnings on Monday

Now watching

Next video starts in : 7 Play

What to Expect From Netflix's Second-Quarter Earnings on Monday

What to Expect From Netflix's Second-Quarter Earnings on Monday
Replay video
Up next

What to Watch in the Week Ahead: Dollar Tree Earnings, PMI

Unlock your personal NFL Now stream by signing in to NFL.com

What to Expect From Netflix's Second-Quarter Earnings on Monday

by TheStreet 0:59 mins

What to Expect From Netflix's Second-Quarter Earnings on Monday

by TheStreet 0:59 mins

Netflix is reporting earnings after the bell Monday. Analysts expect the online streaming company to earn $1.15 a share over its June-ended second quarter. That's more than double its year-ago earnings of $0.49 cents a share, even as the company invests more heavily in production and international expansion. Revenue is expected to grow nearly 25% to $1.33 billion, thanks to healthy growth in domestic and international subscribers and, to a lesser degree, its $1 price hike implemented in May. The Los Gatos, Calif.-based company estimates total subscribers for second quarter's end to total 49.8 million worldwide. TheStreet's Keris Lahiff has details from New York.

TheStreet

Finance

  1. 1:01

    The Biebs is back: Justin Bieber by the numbers

  2. 1:04

    Yahoo Finance cocktail of the week: The wild ride

  3. 14:54

    Markets calm down, Sprint vs. AT&T and 'sky high' wifi prices

  4. 4:23

    China fears linger as focus on Fed sharpens

  5. 3:34

    China's Wanda buys Ironman Triathlon owner for $650 mln

  6. 2:31

    Sky high wifi prices

Personal Finance

  1. 3:44

    A local man’s view on the real recovery of post-Katrina New Orleans

  2. A local man’s view on the real recovery of post-Katrina New Orleans

  3. 1:40

    How Much Money Do You Need to Be Rich? Kids' Answers Will Inspire You.

  4. 1:34

    Young people and startups are fueling New Orleans’ recovery after Hurricane Katrina

  5. 1:52

    Here's how smart investors will react to today's market drama

  6. 2:33

    In post-Katrina New Orleans, black men lift each other up

Investing

  1. 1:39

    Icahn buys into FCX, big changes at BIG, ULTA looking pretty

  2. 1:52

    Three tests face a market shaken by volatility storm

  3. 1:31

    3 tips for managing money in a volatile market

  4. 3:52

    Analyst trolls Chanos, says he's lying about Elon Musk's SolarCIty

  5. 3:47

    Unhinged market tests Wall Street rules of thumb

  6. 5:03

    No fundamental reason for oil's 'meltdown': energy analyst

Market Movers