Netflix’s ‘Unloved Stock’ Faces a Crucial Test With Today’s Earnings Report

Netflix is set to report its latest quarterly results later today.

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Key Takeaways

Netflix is expected to report third-quarter revenue of $12.88 billion and earnings of 82 cents per share.

Investor concerns about engagement and revenue trends have pressured Netflix shares.

Wall Street’s average price target exceeds $90, compared with Monday’s closing price near $70.

Netflix’s next chance to win over investors comes today.

The streaming giant is due to release its third-quarter results after markets close, following a rough stretch for the…

The skinny

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