Netflix Q2 2024 Earnings Forecast with Zooe
Netflix Inc. is the world’s premier streaming entertainment service, providing a vast array of TV series, documentaries, and feature films across numerous genres and languages. With over 200 million subscribers in more than 190 countries, Netflix revolutionizes the way we watch content. The company continually invests in original programming, delivering acclaimed series and movies that captivate audiences worldwide. Known for its innovation and extensive content library, Netflix remains a dominant force in the entertainment industry.
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Financial Performance and Trends
Based on data from Investing.com, here is a brief analysis of Netflix’s recent financial performance and the expected outcomes:
Q2 2024 (Release Date: July 18, 2024):
- Expected EPS: $4.74
- Expected Revenue: $9.53B
Previous Quarters:
- Q1 2024 (April 18, 2024):
- Actual EPS: $5.28 (Forecast: $4.51)
- Actual Revenue: $9.37B (Forecast: $9.27B)
- Q4 2023 (January 23, 2024):
- Actual EPS: $2.11 (Forecast: $2.21)
- Actual Revenue: $8.83B (Forecast: $8.72B)
- Q3 2023 (October 18, 2023):
- Actual EPS: $3.73 (Forecast: $3.49)
- Actual Revenue: $8.54B (Forecast: $8.54B)
- Q2 2023 (July 19, 2023):
- Actual EPS: $3.29 (Forecast: $2.84)
- Actual Revenue: $8.19B (Forecast: $8.27B)
Netflix has consistently outperformed its earnings and revenue forecasts over the past few quarters. This strong performance trend suggests a positive outlook for the upcoming earnings report. The expected EPS of $4.74 and revenue of $9.53B for Q2 2024 indicate sustained growth.
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