Netflix (NFLX) Stock Sinks 1.9% Ahead of Q3 Earnings: What to Watch
Netflix (NFLX) Stock Sinks 1.9% Ahead of Q3 Earnings: What to Watch. Shares of Netflix NFLX dipped 1.9% during regular trading hours Monday just one day before the streaming TV giant’s third-quarter earnings release. The company expects to add 650,000 subscribers in the U.S. and 4.35 million internationally in the third quarter to help it reach 135.14 million subscribers worldwide. And our Non-Financial Metrics are calling for Netflix to add 669,450 U.S. subscribers and 4.40 million international members. Moving on, Netflix is expected to see its adjusted quarterly earnings soar 134.5% to reach $0.68 per share. However, we still need to know if NFLX has a chance to top our quarterly earnings estimate.