Netflix Likely To Report Higher Q4 Earnings; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Core Viewpoint - Netflix is expected to report improved earnings and revenue for the fourth quarter, indicating positive financial performance [1][2] Financial Performance - Analysts predict Netflix will report earnings of 55 cents per share for Q4, an increase from 43 cents per share in the same quarter last year [1] - The consensus estimate for Netflix's quarterly revenue is $11.97 billion, up from $10.25 billion a year earlier [1] Analyst Ratings - Netflix has exceeded analyst revenue estimates in eight of the last ten quarters, showcasing consistent performance [2] - Keybanc analyst Justin Patterson maintains an Overweight rating with a revised price target of $110, down from $139 [3] - Rosenblatt analyst Barton Crockett holds a Neutral rating with a price target of $105 [3] - Wedbush analyst Alicia Reese maintains an Outperform rating, reducing the price target from $140 to $115 [3] - TD Cowen analyst John Blackledge keeps a Buy rating, lowering the price target from $142 to $115 [3] - HSBC analyst Mohammed Khallouf initiates coverage with a Buy rating and a price target of $107 [3]