LIVE: Netflix reports its Q4 earnings now
Netflix will report its Q4 earnings on Thursday after the market closes, just days after unleashing its biggest price hike ever, which increased its most popular plan from $11 per month to $13.
Wall Street is expecting results roughly in line with Netflix's guidance.
But all eyes will be on Netflix's subscriber growth this quarter, as well as its guidance for the next, as a sign of whether the price hike will hurt the streamer.
Netflix often swings wildly after earnings. But the stock has been on a tear since Christmas, rising 50%, so investors seem to be expecting good news already, which could dampen some of its rallying potential.
We will update this post as the numbers cross.
Here are the key numbers for Netflix's Q4 earnings:
- Q4 revenue: Wall Street estimates $4.21 billion and Netflix forecasts $4.20 billion.
- Q4 earnings per share (GAAP): Wall Street estimates $0.24 and Netflix forecasts $0.23.
- Q4 total subscriber growth (net additions): Wall Street estimates 9.2 million and Netflix forecasts 9.4 million.
- Q4 US subscriber growth (net additions): Wall Street estimates 1.83 million and Netflix forecasts 1.8 million.
- Q4 international subscriber growth (net additions): Wall Street estimates 7.38 million and Netflix forecasts 7.6 million.
- Q4 total paid subscriber growth (paid net additions): Wall Street estimates 7.6 million and Netflix forecasts 7.6 million.
- Q1 total paid subscriber growth (estimated paid net additions): Wall Street estimates 8.5 million.