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We recently published a list of 10 Stocks Expected To Post Impressive Earnings This Week. In this article, we are going to take a look at where Netflix, Inc. (NASDAQ:NFLX) stands against other stocks expected to post impressive earnings this week.
The earnings season is in full flow as we kick off the week with earnings from big names like Netflix and United Airlines. Most of the big names are expecting a positive earnings report with some even hitting 52-week highs in anticipation of the upcoming earnings.
The S&P is up 0.5% while the Dow is about to hit the 1% mark, reflecting the positive sentiment among the US traders. We decided to compile a list of the top names scheduled to announce their earnings this week, looking at what was driving the optimism behind their earnings.
To come up with the list of 10 stocks expected to post impressive earnings this week, we only considered stocks with a market cap of over $30 billion that are scheduled to announce their earnings this week.
A home theater with family members enjoying streaming content together.
Netflix, Inc. (NASDAQ:NFLX)
Netflix, Inc. (NASDAQ:NFLX) is an entertainment services provider that presents documentaries, games, movies, and TV series on its streaming platform. It is easily the most popular streaming brand in the world, boasting around 283 million subscribers. Being a streaming giant, Netflix (NASDAQ:NFLX) holds 20% of the market share in the industry.
Netflix (NASDAQ:NFLX) exceeded estimates in the third quarter and is now projected to generate revenue worth $10.13 billion and earnings of $4.21 in Q4. The company’s expected growth rate for 2025 is 12.1% with $43.5 billion estimated revenue, showing how the company continues to dominate streaming. Its profit margins are projected to grow by 28% as well, which should help the company significantly improve its bottom line.
Although the stock price was down by 7% in the past month, it started recovering in the past five trading days in anticipation of the upcoming earnings. The share price was up over 70% in the previous year. Based on estimates and the company’s potential for growth, it is an ideal choice for investors looking to bet on the company’s earnings.
Overall, NFLX ranks 10th on our list of stocks expected to post impressive earnings this week. While we acknowledge the potential of NFLX as a leading AI investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. If you are looking for an AI stock that is as promising as NFLX but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.