Netflix Q3 Preview by Wedbush
<p>Analysts at Wedbush provided a company report on <a href='https://financialmodelingprep.com/financial-summary/NFLX'>Netflix, Inc. (NASDAQ:NFLX) </a>ahead of the company’s Q3 earnings, expected to be reported on Oct 19, 2021.</p>
<p>The analysts expect the company to post Q3 revenue of $7.483 billion, which is in line with the consensus estimate of $7.480 billion, and guidance of $7.477 billion. The analysts’ estimates assume 4 million net paid subscriber additions during the quarter (vs. Street of 3.50 million) and global subscribers at 213.18 million (growing 9.2% year-over-year).</p>
<p>The brokerage anticipates a quarterly EPS of $2.60, above the consensus estimate of $2.56, as higher subscriber additions likely offset increased marketing spend.</p>

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