When is Netflix reporting the first earnings for the year 2021?
- Posted on January 19, 2021
- Editors Pick
- By admin
Netflix (NFLX) is expected to report its first earning for the year 2021 on Tuesday, January 19, 2020. The earnings report will be for the fourth quarter of 2020 and it will be rolled out for investors all around the world after the market closes.
Although we are in the middle of the pandemic, Netflix has announced a lot of programming timelines for the year 2021. This means they are not slowing down soon and it may help them to retain more subscribers because the company is positioned to add more shows to its catalog.
Netflix's earnings report estimates by analyst
- Refinitiv survey analyst expects Netflix to report $1.39 (Earnings per share)
- Revenue is expected to come in at $6.626 billion - Refinitiv
- Subscriber number: 6.47 million - StreetAccount
We are sure that a lot of day traders are lining up bets on this report. If Netflix beat the earnings, the stock may soar, and if it misses it may selloff. No one really knows what will happen until Netflix reports its earnings after the market closes today, January 19, 2020.
For stocks the short-sellers, it may also be a big day if Netflix drops.
Netflix earning report history.
Quarterly Earnings Surprise Amount
Fiscal Quarter End | Date Reported | Earnings Per Share* | Consensus EPS* Forecast | % Surprise |
Sep 2020 | 10/20/2020 | 1.74 | 2.13 | -18.31 |
Jun 2020 | 07/16/2020 | 1.59 | 1.84 | -13.59 |
Mar 2020 | 04/21/2020 | 1.57 | 1.61 | -2.48 |
Dec 2019 | 01/21/2020 | 1.3 | 0.52 | 150 |
If you are wondering how Netflix did in the past? the figures are above. Keep in mind that, Netflix's earning report history does not and cannot predict what will happen in the future.
The report is due soon and we will update this post the moment the new numbers come from Netflix.
Netflix earning report numbers are out and the stock is up about 10% after hours.
- Netflix reported earnings per share (EPS): $1.19 vs $1.39 expected, according to Refinitiv survey of analysts
- The company’s revenue came in at $6.64 billion vs $6.626 billion expected, according to Refinitiv
- Global paid net subscriber additions: 8.5 million vs 6.47 million expected, according to StreetAccount
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