PARA - Netflix: Leads By Far Because Peers Still Don't Get It - Looking For A Q1 Beat

2024-04-15 11:37:52 ET

Summary

• Netflix's Q1'24 earnings release will be determined by subscriber growth, strong margins, and average revenue per user.
• The company's organic growth and potential beat in revenue could be the earnings story.
• Netflix's dominant position in the streaming sector is due to the missteps of its competitors, giving it clear sailing ahead.

Above: Something for everyone works - proof of a business model

As Netflix, Inc. (NFLX) approaches its Q1'24 earnings release this week, the market sentiment whether it reports a meet, beat, or miss comes down to this:

If subscriber growth is up, margins are strong, and average revenue per user ticks up, it's clearly a win. So the idea that the stock has gotten top-heavy bears no consequence, even if there is a profit-taking sell-off....

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