Netflix earnings likely to be weighed by slower subscriber growth – Stock Market News
Posted on July 17, 2019 at 1:45 pm GMTStreaming giant Netflix is due to announce its second quarter earnings later today after the market close on Wall Street – the first of the FAANG companies to report. As competition heats up in the sector, all eyes will be on how many new subscribers Netflix managed to attract in Q2 amid concerns about the outlook for subscriber growth in streaming services. Company to report lower EPS in Q2 Netflix is expected to report earnings per share (EPS) of $0.57, [..]