Why Investors Will Be Tuning In for Netflix's Earnings Report This Week
Netflix's (NASDAQ: NFLX) earnings report is always closely watched on Wall Street. The subscription streaming video leader routinely wowed investors even before the pandemic put a new global premium on at-home entertainment.
But its upcoming fourth-quarter announcement, set for Jan. 20, will be followed for different reasons. Namely, investors are looking for evidence that Netflix can recover from a growth hangover and speed its sales growth rate back up above 20%. There's also concern about just how quickly the company can boost profit margins and cash flow now that the business is maturing.
Let's take a closer look at what could be reported on Thursday.
Source Fool.com