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