2 Must-See Earnings Reports in April
As the coronavirus pandemic drags on and the stock market remains significantly below recent lows, investors will be watching quarterly updates closely this earnings season for several reasons. First of all, many investors will be looking to assess the damage COVID-19 has done to the companies they own, as well as how management plans to address the situation. Second, investors will probably be on the lookout for good buying opportunities.
In April, it will be worth watching the earnings reports of Netflix (NASDAQ: NFLX) and Twitter (NYSE: TWTR). Even though Netflix shares are trading lower than they were in February, the streaming company may actually see a boost in users and revenue as more people are staying home. Meanwhile, social-network Twitter's ad revenue will likely take a hit.
Here's a quick preview of both companies' earnings reports.
Source Fool.com
