Streaming giant Netflix (NFLX) will publish its first-quarter earnings on April 18. The company is expected to report revenue and earnings growth over the prior-year quarter. Therefore, is the stock a buy or sell ahead of its earnings? Read on to learn my view.
Netflix, Inc. (NFLX) is scheduled to report its first-quarter results on April 18. Wall Street expects the streaming giant to post higher revenue and earnings in the first quarter. With NFLX’s earnings expected shortly, I have discussed why it could be wise to buy the stock now.
For the first quarter, NFLX’s EPS and revenue are expected to increase 57.5% and 13.7% year-over-year to $4.54 and $9.28
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