Netflix earnings after the close. What is expected?

The ghost from Netflix earnings Earnings A company’s earnings represent its profits or net benefits as a result of its operation.Earnings are the net benefits of a corporation's operation. Earnings can be calculated as EBIT, i.e. earnings before interest and taxes, and EBITDA, i.e. earnings before interest, taxes, depreciation, and amortization.Earnings are valuable tools for investors of company shares as they can often highlight a company’s financial standing and performance. Better performances can result in strengthened share price A company’s earnings represent its profits or net benefits as a result of its operation.Earnings are the net benefits of a corporation's operation. Earnings can be calculated as EBIT, i.e. earnings before interest and taxes, and EBITDA, i.e. earnings before interest, taxes, depreciation, and amortization.Earnings are valuable tools for investors of company shares as they can often highlight a company’s financial standing and performance. Better performances can result in strengthened share price Read this Term past is on the minds of traders ahead of their earnings after the close today.

Recall after earnings last quarter where subscriptions came in much worse than expected, the price closed down over 35% the next trading day. The price moved from $348.28 to $212.45.

Those declines continued to the May 12 low at $162.59, a decline of 53.32% from the close on April 19 just before earnings.

The price is back up to $200.48 today. The high price since the low reached $207.24. Moving above $207.24 and the close from April 20 at $212.45 would be a step in the more bullish direction. The 100 day moving average is up at $255.54.

The all-time high price?

The high point was reached on November 17, 2021 less than a year ago at $700.05. Ouch!

So what is expected today?

• EPS $2.95 on revenues of $8.04 billion
• net subscriber additions expecting -2.02M
• average revenue per unit est 12.02
• EPS guidance for the next quarter $2.76
• EPS guidance for the fiscal year expected $10.81
• revenue guidance for the next quarter a $0.08 billion
• revenue guidance for 2022 expected $32.3 million
• revenue guidance for 2023 expected $35.11 billion