Is Netflix (NFLX) Stock a Smart Buy Before Q2 Earnings Report?
NFLXNetflix(NFLX) ZACKS·2024-07-17 01:41

Netflix (NFLX) is set to report second-quarter 2024 results on Jul 18.For the second quarter of 2024, Netflix forecasts revenues to increase 16%, which equates to 21% growth on a foreign exchange (F/X) neutral basis due to price changes in Argentina and the devaluation of the local currency relative to the U.S. dollar.The company anticipates total revenues to be 9.491billion,projectinggrowthof15.99.491 billion, projecting growth of 15.9% year over year. The Zacks Consensus Estimate for revenues is pegged at 9.53 billion, higher than the co ...