What to expect as Morgan Stanley warns of ‘streaming recession’

What to expect as Morgan Stanley warns of ‘streaming recession’

Netflix (NFLX) is set to report its fiscal second quarter earnings on Tuesday after market close as the company battles ongoing inflationary pressures, increased competition, and an uptick in subscriber churn.

Here’s what Wall Street expects, according to Bloomberg consensus estimates:

  • Revenue: $8.05 billion expected

  • Adj. earnings per share (EPS): $2.99 expected

  • Subscribers: Loss of 2 million users expected

The streaming giant’s anticipated loss of 2 million paying users for the second quarter…


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