Netflix Prepares to Report Q4 Earnings Following Record-Breaking 2024
The streaming leader is expected to show strong revenue growth, with analysts watching for updates on its ad-supported tier and live sports strategy.
- Netflix will release its fourth-quarter earnings report on Tuesday, marking the final time it discloses subscriber growth numbers, shifting focus to revenue and engagement metrics.
- Analysts anticipate Q4 earnings per share of $4.23 and revenue of $10.1 billion, reflecting a 15% year-over-year increase in revenue.
- The company's $6.99 ad-supported subscription tier has been credited with reducing subscriber churn and driving incremental revenue growth.
- Netflix's foray into live sports, including two NFL games and a high-profile boxing match, highlights its efforts to diversify content but comes with significant costs and execution challenges.
- Despite an 83% stock price surge in 2024, analysts project more modest growth for 2025, with a consensus price target of $905, approximately 7% above its current trading value.