Netflix Earnings Report and Warner Bros. Discovery Deal Update
Netflix is poised to release its fourth-quarter earnings after the market closes today, with analysts anticipating a 17% year-over-year revenue increase to $11.97 billion. Earnings per share are projected to rise to $0.55 from $0.43 a year ago, according to Visible Alpha estimates.
In a strategic MOVE ahead of the earnings call, Netflix announced it has revised its offer for Warner Bros. Discovery to an all-cash deal, abandoning the previous cash-and-stock structure. The shift aims to provide greater certainty for WBD stockholders and could strengthen Netflix's position against potential rival bids, such as from Paramount Skydance. A shareholder vote is expected as early as April.
The earnings call arrives at a pivotal moment for Netflix, offering investors critical insights into the streaming giant's financial trajectory amid intensifying competition and evolving market dynamics.