Netflix Stock: Will Earnings Impress?
Netflix's (NASDAQ:NFLX) business has benefited from the pandemic thus far. The streaming juggernaut's subscribers have been easily beating analyst estimates during the coronavirus pandemic, with first- and second-quarter paid member additions coming in at about 8 million and 2 million ahead of analysts' average forecasts, respectively.
This strong performance relative to expectations, of course, means investors are likely hoping for similar outperformance in Q3. Going into Netflix's third-quarter update on Oct. 20, here's a preview of what investors should look for from the streaming specialist.
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Source Fool.com
