Netflix earnings set to decline, but stock up 37% this year – Stock Market News
Posted on April 12, 2019 at 12:21 pm GMTNetflix is set to report a decline in its earnings when it releases its Q1 results on Tuesday, after the US market close. Yet, that’s owed mainly to soaring spending on original content, which is an investment for the future. Traders don’t seem worried either, judging by the 37.4% surge in the firm’s stock so far in 2019. The streaming provider is expected to have made $0.57 in earnings per share (EPS) in Q1, which would represent a decline of [..]