Nasdaq NFLX NetFlix

The main U.S. stock indexes extended gains on Tuesday as more companies reported better-than-expected earnings, offering some respite to investors worried about higher inflation denting the corporate bottomline.

The following companies are expected to report earnings after hours on 07/19/2022. Visit our Earnings Calendar for a full list of expected earnings releases.Netflix, Inc. (NFLX)is reporting for the quarter ending June 30, 2022. The broadcast (radio/tv) company's consensus earnin

Wall Street's main indexes rose on Tuesday as the earnings season moves beyond big banks, with investors keeping a close watch on the impact of higher inflation on demand even as a stronger dollar dents profits.

Earnings season picks up with over 250 companies expected to report earnings this week.

Focusing on Netflix, as we click through, we see this large-cap company in the entertainment industry reports earnings on Tuesday, July 19th, after the close.

Netflix NFLX recently announced a payment plan that is expected to help limit the password-sharing problem that has been hurting its profitability and, thereby long-term prospects.The streaming giant is set to introduce “add a home” feature in Argentina, the Dominican Rep

Stock Market Today Mid-Morning UpdatesOn Tuesday, the Dow Jones Industrial Average rallied by over 400 points today as the second-quarter earnings season is underway. Earnings this morning from top companies such as Lockheed Martin (NYSE: LMT), and Johnson & Johnson (NYSE: JN

Many consumers weren't happy after Netflix (NASDAQ: NFLX) raised its prices earlier this year. The streaming service's most popular tier now costs $15.49 per month in the United States, more than any other popular competitor in the country. And many consumers say it's just not wo

In just a few months, Netflix (NASDAQ: NFLX) has gone from a market darling to market disaster.

You know how Netflix (NASDAQ: NFLX) decided to take action against the revenue-draining effect of password-sharing customers, right? OK, cool. The company will absolutely do something about this issue on a global level, including in the good, old domestic market.

Wall Street's main indexes rose on Tuesday as earnings season moves beyond big banks, with investors keeping a close watch on the impact of higher inflation on demand even as stronger dollar dents profit.

Wall Street's main indexes were set to open higher on Tuesday as earnings season shifts to high gear beyond big banks, with investors keeping a closing eye on the impact of stronger dollar on corporate America.

Meta Platforms Inc's Facebook, Instagram and WhatsApp have signed up to Indonesia's new licensing rules for tech firms, government records showed on Tuesday, a day ahead of a deadline to comply or risk being blocked.

Market participants decimated Netflix (NASDAQ: NFLX) stock as the streaming giant lost subscribers in Q1. Now, as Netflix is set to announce its Q2 results, TipRanks’ website traffic screener shows that the worst is still not over for the company.

Website Traffic Data for Netflix

Per the screener, the number of visits to netflix.com was down 10.71% quarter-over-quarter in Q2. Moreover, website traffic declined by 16.57% on a year-over-year basis in Q2. Learn how Website Traffic can help you research your favorite stocks.

The decline in website visits indicates that Netflix’s business continues to face a slowdown. This also aligns with management’s guidance, wherein it stated that its Q2 subscriber base could register a 2% decline on a quarter-over-quarter basis.

Echoing a similar sentiment, Wedbush analyst Michael Pachter expects Netflix to lose subscribers in Q2. However, Pachter believes that Netflix will lose fewer subscribers than it guided for during the Q1 conference call.

In its Q1 letter to shareholders, Netflix announced that its global paid membership base would decline by 2 million subscribers sequentially. However, Pachter expects Netflix to lose 1.5 million subscribers.

According to the analyst, the “staggered release date for Stranger Things 4, which has very strong viewership,” will likely help Netflix exceed its Q2 guidance. 

Bottom Line 

Website traffic trends and management’s guidance point to downbeat Q2 numbers for Netflix. Meanwhile, analysts maintain a neutral view on NFLX stock ahead of its earnings.

It has received 10 Buy, 23 Hold, and six Sell recommendations for a Hold rating consensus. Meanwhile, the average Netflix price target of $250.30 implies 31.1% upside potential to current levels. Furthermore, it sports a Neutral Smart Score of 7 out of 10. 

Disclosure 

The streaming pioneer is set to report second quarter fiscal 2022 earnings results after the closing bell Tuesday.

Last summer, Walt Disney (NYSE: DIS) raised the price of ESPN+ by $1 per month. This year, it's charging subscribers $3 more per month. The sports-centered (see what I did there?) streaming service will become Disney's most expensive at $9.99 per month, joining Hulu and Disney+,

(RTTNews) - Netflix Inc. (NFLX) will host a conference call at 6:00 PM ET on July 19, 2022, to discuss Q2 22 earnings results.

In the new Netflix movie "The Gray Man," Ryan Gosling's character jokes that he goes by the name Six because 007 was taken.

For Immediate ReleaseChicago, IL – July 19, 2022 – Zacks Equity Research shares IBEX Ltd. IBEX as the Bull of the Day and Sony SONY as the Bear of the Day. In addition, Zacks Equity Research provides analysis on The Walt Disney Company DIS, Netflix NFLX and Apple AAPL.

Netflix (NASDAQ:NFLX) is slated to report its Q2 2022 results on July 19th.  We estimate that Netflix’s revenue will come in at about $8.1 billion for the quarter, marginally ahead of the consensus estimate of about $8.05 billion. This would mark year-over-year growth of ab