The focus for Wall Street will be on Netflix's subscriber growth numbers, both international and domestic. At its last quarterly earnings, Netflix reported strong subscriber growth numbers for Q1, but provided a forecast for international subscriber growth in Q2 that was way below Wall Street targets. That sent the stock crashing.
Analysts are expecting Netflix to hit the modest goals it set for itself on both international and domestic fronts.
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Here are the numbers:
- Q2 EPS (GAAP): Wall Street forecasts 2 cents, versus Netflix guidance of 2 cents.
- Q2 Revenue: Wall Street forecasts $2.11 billion.
- Q2 US subscriber growth (net additions): Wall Street forecasts 509,000, versus Netflix guidance of 500,000.
- Q2 international subscriber growth (net additions): Wall Street forecasts 2.15 million, versus Netflix guidance 2.0 million.
- Q3 subscriber growth guidance (domestic): Wall Street forecasts 695,000.
- Q3 subscriber growth guidance (international): Wall Street forecasts 2.54 million.