Netflix Analysts Shrug Off Weak Forecast as Shares Erase Decline

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Netflix Analysts Shrug Off Weak Forecast as Shares Erase DeclineStrong first-quarter results, pricing power and improving margins were the focus of analyst reports in the wake of Netflix’s first-quarter earnings. Netflix’s results showed “pricing power on display” with record global paid net adds of 9.6 million in the first quarter, “well ahead of our expectations and guidance.” The forecast for second-quarter U.S. net additions was “modestly below” Morgan Stanley’s estimate.


Read More: https://finance.yahoo.com/news/netflix-analysts-shrug-off-weak-113038415.html

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