Outlook: Netflix presents results for the past quarter

Netflix will report its results for the last quarter. That’s what analysts expect.

Netflix will comment on the financial results for the quarter ended December 31, 2023 on January 23, 2024.

The average forecast from 37 analysts is for EPS of $2.21 per share for the most recent quarter. A year earlier, Netflix had earnings per share of $0.120 on its books.

On the sales side, 37 analysts are forecasting an increase of 11.06 percent compared to the same quarter of the previous year. On average, analysts expect sales of $8.72 billion. In the same period last year, the company had sales of $7.85 billion.

Looking ahead to the recently completed fiscal year, 42 analysts are expecting earnings per share of USD 12.16 on average. In the corresponding period of the previous fiscal year, sales of USD 9.95 per share were received. On the sales side, 45 analysts expect an average of USD 33.63 billion, after USD 31.62 billion was on the books in the previous fiscal year.

Editorial team finanzen.net

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