Netflix, Inc. (NASDAQ:NFLX) will release earnings for its first quarter after the closing bell on Thursday, April 16.
Analysts expect the Los Gatos, California-based company to report quarterly earnings of 78 cents per share. That’s up from 66 cents per share in the year-ago period. The consensus estimate for Netflix’s quarterly revenue is $12.17 billion (it reported $10.54 billion last year), according to Benzinga Pro.
The company has beaten analyst estimates for revenue in nine of the last 10 quarters, including the most recently reported fourth quarter.
Shares of Netflix rose 1.4% to close at $107.71 on Wednesday.
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