NFLX -15% AH Missed on revenue. Beat on EPS.

Netflix Seen Posting Worst Earnings In Over 3 Years investors.com

With Netflix (NFLX) investing heavily in its global expansion, Wall Street is expecting the Internet TV service to report its lowest earnings per share in over three years when it posts first-quarter results after the close Monday.

Analysts polled by Thomson Reuters expect Netflix to earn 3 cents a share in Q1, down 40% from the year-earlier quarter. That would be the company’s lowest EPS total since the fourth quarter of 2012, when it reported 2 cents in earnings per share.

Netflix sales are seen rising 25% to $1.965 billion in the March quarter when it completed its international expansion, excluding China.

Analysts don’t see EPS growth returning at Netflix until the fourth quarter.

For the next several quarters, the focus of investors will be on subscriber growth and whether Netflix can continue to add new customers at a quick pace.

In the December quarter, Netflix added 5.59 million new streaming subscribers, bringing its total to 74.76 million subscribers worldwide. Netflix added 1.56 million U.S. streaming subscribers and 4.04 million international subscribers in Q4.

Submitted April 18, 2016 at 04:11PM by StockJock-e http://ift.tt/1XFjar9