Core Viewpoint - Netflix is expected to report strong fourth-quarter earnings driven by live sports and advertising growth, despite recent stock sales by two members of Congress [1][4]. Group 1: Stock Sales by Congress Members - Rep. Gil Cisneros sold between $1,000 to $15,000 in Netflix stock on December 10, having previously purchased shares on November 18 and October 17, 2025 [2]. - Rep. Jonathan Jackson sold between $50,000 to $100,000 in Netflix stock on December 8, with prior purchases made on April 16 [2]. - Both congressmen may have incurred losses on their trades, as the stock price at the time of sale was lower than their purchase prices [3]. Group 2: Fourth Quarter Financials - Netflix is set to report fourth-quarter financials on January 20, which will include results from the final season of "Stranger Things" and NFL games [7]. - Analysts project earnings per share of 55 cents and revenue of $11.97 billion, an increase from 43 cents per share and $10.25 billion in the same quarter last year [8]. - Historically, Netflix stock has performed well in January, averaging gains of 14.7% over the past two decades [9]. Group 3: Impact of Live Sports and Content Releases - The sale of stock occurred just before Netflix aired two NFL games on Christmas Day, one of which set a new U.S. streaming record with an average of 27.5 million viewers [5]. - The global audience for the games was further boosted by a halftime performance from Snoop Dogg, which averaged 29 million viewers [6]. - The release of the second and third parts of "Stranger Things" coincided with the stock sales, contributing to potential viewership growth [6]. Group 4: Current Stock Performance - Netflix stock closed at $90.32, within a 52-week trading range of $82.11 to $134.12, and has increased by 7.5% over the past year [10].