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When is Netflix earnings call? What to expect from Q4?
The world's biggest streaming service, Netflix, is set to report its Q4 2023 earnings today (Jan 23) after market close.
The earnings call will provide a glimpse into how the $212 billion company finished off last year amidst a turbulent period for the streaming industry which has seen writers’ strikes, more competition, and changing consumer preferences. The boost is anticipated to come from the launch of Netflix’s ad-supported plan in November, which offers a cheaper tier at $6.99 per month to attract more budget-conscious viewers at a time when household budgets are squeezed by rising costs. Beyond subs, Wall Street will watch metrics like revenue very closely (expected to hit $8.71 billion this quarter) and earnings per share ($2.20 forecast) to gauge financial impact.
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