Netflix is expected to post solid results for the third quarter of 2024 — but with subscriber gains from its password sharing crackdown now tapering off, some Wall Streeters believe price hikes are on the near-term horizon.
The company is scheduled to release Q3 2024 earnings Thursday, Oct. 17, following the market’s close at 4 p.m. ET.
Netflix previously forecast Q3 global average revenue per member (which Netflix calls “ARM”) to be “roughly flat year over year” on a reported basis because of ongoing foreign-exchange “headwinds” as well as “plan and country mix.” That has prompted analysts to speculate that the streamer will have to punch the pricing-power
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