Netflix (NFLX) Q4 Earnings Preview: What You Should Know Beyond the Headline Estimates

Core Viewpoint - The upcoming Netflix earnings report is anticipated to show a significant increase in quarterly earnings and revenue, with earnings per share expected to rise by 99.1% year over year and revenues projected to increase by 14.9% [1]. Earnings Estimates - Analysts expect Netflix's quarterly earnings to be $4.20 per share, reflecting a 99.1% increase compared to the same period last year [1]. - There has been a 1% downward revision in the consensus EPS estimate over the last 30 days, indicating a reassessment by analysts [2]. Revenue Projections - Revenue from the United States and Canada is estimated to reach$ 4.51 billion, a 14.9% increase year over year [5]. - Revenue from the Asia-Pacific region is projected at $1.17 billion, representing a 21.4% year-over-year increase [5]. - Latin America revenue is expected to be$ 1.24 billion, showing a 7.7% increase compared to the previous year [5]. - Revenue from Europe, the Middle East, and Africa is forecasted to be $3.24 billion, indicating a 16.3% increase year over year [6]. Membership Metrics - Global paid net membership additions are expected to be 9.12 million, down from 13.12 million in the previous year [6]. - Total paid memberships at the end of the period are projected to reach 291.69 million, up from 260.28 million a year ago [7]. - Paid memberships in the Asia-Pacific region are estimated at 55.13 million, compared to 45.34 million last year [7]. - The United States and Canada paid memberships are expected to be 87.16 million, up from 80.13 million in the same quarter last year [8]. - EMEA paid memberships are projected to reach 99.2 million, compared to 88.81 million in the same quarter last year [8]. - Latin America paid memberships are expected to be 50.85 million, up from 46 million a year ago [9]. Average Revenue per Membership - The average revenue per membership in Latin America is projected to be$ 8.09, down from $8.60 in the same quarter last year [10]. Stock Performance - Netflix shares have decreased by 9.9% over the past month, contrasting with the Zacks S&P 500 composite's decline of 3.3% [10].