Netflix's Earnings Growth and Margin Concerns: What Investors Need to Know

Netflix is expected to report higher earnings and revenues for the quarter ended September 2023. The consensus estimate predicts quarterly earnings of $3.47 per share, representing a year-over-year increase of 11.9%. Revenues are expected to be $8.53 billion, up 7.7% from the same quarter last year. However, recent estimate revisions have been slightly lower, indicating a bearish sentiment among analysts. While an earnings beat or miss may not solely determine stock movement, investors should consider other factors before making investment decisions.