Why Netflix Might Abandon Its Conservative Growth Outlook on Thursday
Investor enthusiasm could hardly be higher heading into the second-quarter earnings report from Netflix (NASDAQ: NFLX). CEO Reed Hastings and his team tried to temper expectations following their first-quarter blowout, yet shares have still raced ahead to more than $500 in the weeks following their late-April announcement.
On Thursday afternoon, the streaming video giant will reveal subscriber trends for the months of April, May, and June. And while there's an unusually high range of potential growth results on tap, most investors are bracing for another round of head-turning operating metrics.
Let's take a closer look.
Source Fool.com
