Netflix Earnings Preview: Why the Streamer Could Scorch Estimates

Netflix Earnings Preview: Why the Streamer Could Scorch Estimates

Video streaming also boomed last year, thanks to the effects of the pandemic, but Netflix (NASDAQ: NFLX) missed out on much of the rally in stay-at-home stocks in the last half of the year. Netflix's subscriber growth slowed sharply in the third quarter, as the company projected, after monster gains in the first half of 2020, and investors cooled off on the stock, focusing on other high-growth tech options. With Netflix's fourth-quarter earnings report due out on Jan. 19, the company has a shot at redemption following the recent slump.