NFLX - Netflix Likely To Report Higher Q2 Earnings; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call | Benzinga
Netflix, Inc. (NASDAQ:NFLX) will release its second quarter financial results, after the closing bell on Thursday, July 18.
Analysts expect the Los Gatos, California-based company to report quarterly earnings at $4.74 per share, up from $3.29 per share in the year-ago period. Netflix is expected to post revenue of $9.53 billion, compared to $8.19 billion a year earlier, according to data from Benzinga Pro.
Netflix, Walt Disney Co (NYSE:DIS), and other major U.S. streaming companies have reportedly filed a court motion in Canada to challenge a new regulation. The Canadian Radio-television and Telecommunications Commission (CRTC) has mandated these companies to contribute 5% of their sales in the country to support local broadcast news and other domestic content.
Netflix ...