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Netflix It is due to report profits from the first quarter after the closing bell on Thursday.
The report marks the first time that the transmission giant does not reveal data from quarterly subscribers, since it changes its strategy to focus on income and other financial metrics such as performance indicators.
Netflix profits also occur since the actions of traditional media companies have criticized the bone of a tumultuous market caused by the commercial policy of President Donald Trump.
Of the main studies of Hollywood, Netflix has remained relatively unscathed by the financial bearing. Their shares increased 4.5% in the last month. Meanwhile, competitors such as Supreme” Warner Bros discovery.” Disney and Comcast Everyone has sold.
Investors will be eager to listen to Netflix executives on winds against potentials, partly how the strictest spending could affect subscriptions and rotation.
This is what Wall Street expects for the most recent quarter of the company:
- Profit per action: $ 5.71, according to LSE
- Revenue: $ 10.51 billion, according to LSE
Wall Street will also look for additional details about the business model with advertising support.
The last quarter, Netflix shared that its cheapest levels and backed by advertisements represented more than 55% of the records in countries where the option is sacrificed. The company also pointed out that memberships in its plans with advertisements grew around 30% quarter to quarter.
At that time, executives also pointed out that the company planned to continue growing their advertisement business, as well as improving their main business with more series, movies and improvements for their product experience. The company is also expected to deepen the live event space.
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