Netflix (NFLX) earnings Q4 2021
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(L-R) Co-CEOs of Netflix Reed Hastings and Ted Sarandos arrive for the Allen & Company Sun Valley Conference on July 06, 2021 in Sun Valley, Idaho.
Kevin Dietsch | Getty Images
NetflixAfter the bell, Thursday’s press conference will see fourth quarter earnings.
These are some of the most important numbers that analysts want to see:
- Earnings per share In a Refinitiv survey, analysts expect to pay 82 cents
- Revenue: Refinitiv estimates $7.71 trillion in the future
- Paid net subscriptions worldwide:StreetAccount estimates 8.19 Million
Analysts expect the company will add nearly twice the number of global paid net subscribers than the previous quarter. Netflix gained 4.4 Million subscribers in its third quarter.
Analysts and Netflix predicted that there would be a big increase in Netflix’s consumer base towards the end of 2021 as the company releases new movies and shows.
The quarter’s bright spots could include strong releases, such as “Don’t Look Up,” and “Emily from Paris,” which are celebrity-filled. It had previously stated that it planned to spend $17billion on content in 2021. However, it has not released any figures for 2022.
Netflix announced price increasesLast week, Canada and the U.S. The cost of the basic plan in America rose by $1 to $9.99 per month. The price of the standard plan increased to $15.49 from $13.99, while that for premium plans rose to $17.99 from $19.99.
Netflix is increasing prices to ensure that customers stay loyal and invested in exclusive content. The price increase can offset the waning growth of customers.
However, some analysts disagree. seemed waryPrior to the earnings report.
“With 4Q21 widely billed as Netflix’s biggest content quarter ever, we would expect investors to recalibrate their long-term outlook based on whether or not this large content slate drove strong growth,” Credit Suisse’s Douglas Mitchelson said in a note last week.
Netflix is also facing stiff competition from services like Disney+HBO Max Amazon Prime Video, AppleTV+, and other.
“Based on our reading of multiple data points, it feels to us that Netflix’s U.S. business is being impacted by … the increasingly aggressive streaming strategies of legacy media companies,” MoffettNathanson’s Michael Nathanson wrote last week.
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