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Netflix (NFLX) to Report Q2 Earnings: What's in the Cards?

Netflix, Inc NFLX is set to report second-quarter 2017 results on Jul 17. In the last quarter, the company delivered a positive earnings surprise of 5.26%. It has delivered positive earnings surprises in the last four quarters, with an average beat of 117.66%.

Let's see how things are shaping up for this announcement.

Factors to Consider

Netflix has been drawing strength from its growing portfolio of original content. Netflix had a very strong programming slate in the second quarter given the new seasons of popular shows like House of Cards and Orange is the New Black . Its new original series, Glow - about female wrestling - also garnered mostly positive reviews. We believe all these will translate into increases in subscriptions.

However, the company faced a setback when its ambitious original movie, War Machine , starring Brad Pitt failed to generate encouraging response from the critics/viewers.

Netflix, Inc. Price and EPS Surprise

Netflix, Inc. Price and EPS Surprise | Netflix, Inc. Quote

This apart, Netflix remains focused on international expansion. We continue to believe that growth will eventually come from international markets as the U.S market approaches saturation. In April, the company announced that it had reached 100 million subscribers, a big milestone for the streaming giant.

We note that Netflix has outperformed the Zacks Broadcasting-Radio/TV industry year to date. While the stock returned 28.2%...