Netflix Stock Climbs Ahead of First-Quarter Earnings Report as Focus Turns to Ads and Content
Netflix shares rose Tuesday ahead of the company’s first-quarter earnings report, which is due after the market close on Thursday. Investors are looking for signs that the streaming company can continue growing after a recent run-up in its stock.
The report will be Netflix’s first since its failed bid for Warner Bros. Discovery, and investors are expected to focus on how the company talks about content spending and growth in its advertising business. Netflix also raised U.S. prices late last month, which could be another point of interest in the update.
Traders are expecting the stock to make a sizable move after the results are released, reflecting the importance of the report for the company’s near-term outlook.
Netflix is scheduled to report after the market close on Thursday.
Investors want to hear how Netflix plans to grow its ad business and manage content spending, especially after its failed bid for Warner Bros. Discovery.
Yes. Netflix raised U.S. prices late last month.
Yes. Traders expect Netflix shares could move sharply after the results are released.
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