2 Reasons Netflix Will Beat Subscriber Expectations In the Holiday Quarter
Streaming video veteran Netflix (NASDAQ: NFLX) is preparing to release its earnings report for the fourth quarter of 2019 on Tuesday of next week. Investors will be looking for solid revenue growth based on a generous serving of new subscribers. The company guided the fourth-quarter subscriber additions to approximately 7.6 million net new accounts, down from 8.8 million additional subs in the year-ago quarter.
But Netflix doesn't always nail these guidance figures, despite management's best efforts. And I'm here to show you two solid reasons I expect Netflix to attract more than 7.6 million paid subscribers in the fourth quarter.
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Source Fool.com
