Will this 11% pricing change trigger a huge wave of canceled subscriptions, or should investors expect the top line to grow without any meaningful loss of subscribers? Here's what the data from Netflix's previous price increases tells me. The new price increases are remarkably consistent.
Netflix's (NASDAQ: NFLX) earnings report is always closely watched on Wall Street. The subscription streaming video leader routinely wowed investors even before the pandemic put a new global premium on at-home entertainment. Namely, investors are looking for evidence that Netflix can recover from a growth hangover and speed its sales growth rate back up above 20%.
Netflix is one of many big companies stepping up to the earnings plate over the next few trading days.