Netflix Stock Could Move Big When It Reports Earnings
This week, Netflix (NASDAQ: NFLX) will help kick off earnings season. The streaming media company is slated to report its second-quarter results on Thursday, making it one of the first megacap stocks to report earnings for the second calendar quarter of 2020.
With shares of the media giant up 70% year to date and 50% in the past three months alone, expectations are high to say the least. Given a combination of strong price appreciation for the stock and uncertainty surrounding how lockdowns impacted Netflix during the quarter, the stock could move big in either direction following its upcoming Q2 report as investors digest new information from the company.
Here's a look at two key areas investors will want to check on when Netflix reports earnings.
Source Fool.com
