News Brief: Netflix Q4 Earnings & Warner Bros. Discovery Acquisition
Summary
Netflix is set to report its Q4 2024 earnings after market close on Tuesday, January 28th. While financial performance will be scrutinized, investor focus is overwhelmingly on the streaming giant’s pending, blockbuster acquisition of Warner Bros. Discovery’s key assets, a deal facing competitive and regulatory challenges.
Key Points
- Earnings Call: Q4 report due after the bell Tuesday; analyst call at 4:45 p.m. ET.
- Financial Expectations: Analysts forecast EPS of $0.55 and revenue of $11.97B (LSEG).
- Strategic Shift: Netflix has stopped reporting subscriber counts, focusing instead on growing its advertising-supported tier.
- Major Acquisition: In December, Netflix agreed to buy WBD streaming/studio assets for ~$72B, a surprising strategic shift.
- Market Reaction & Competition: Netflix stock has fallen nearly 30% since deal rumors emerged. Paramount Skydance has launched a hostile bid for WBD, prompting Netflix to amend its offer to all-cash.
- Regulatory Hurdles: The potential deal faces significant scrutiny and uncertainty regarding regulatory approval.
- Analyst Outlook: Forrester’s Mike Proulx states 2026 will be “a defining year,” with the bidding war creating “lots more drama” in 2025.
This is a developing story.
新闻简报：Netflix 第四季度财报与收购华纳兄弟探索公司
摘要
Netflix 将于北京时间1月29日（周三）盘后公布2024年第四季度财报。尽管其财务表现将受到关注，但投资者的焦点几乎完全集中在该流媒体巨头悬而未决的对华纳兄弟探索公司关键资产的巨额收购上，该交易正面临竞争和监管方面的挑战。
关键要点
- 财报电话会议：第四季度财报将于周二盘后发布；分析师电话会议定于美东时间下午4:45。
- 财务预期：分析师预计每股收益为0.55美元，营收为119.7亿美元（LSEG数据）。
- 战略转变：Netflix 已停止报告订阅用户数量，转而专注于发展其广告支持业务。
- 重大收购：去年12月，Netflix 同意以约720亿美元收购华纳兄弟探索公司的流媒体和影视工作室资产，这是一次令人意外的战略转变。
- 市场反应与竞争：自交易传闻出现以来，Netflix 股价已下跌近30%。派拉蒙天空之舞公司对华纳兄弟探索公司发起了恶意收购，促使 Netflix 将其报价修改为全现金交易。
- 监管障碍：这项潜在交易在获得监管批准方面面临重大审查和不确定性。
- 分析师观点：Forrester 分析师 Mike Proulx 表示，2026年将是”决定性的一年”，而2025年的竞购战将带来”更多戏剧性场面”。
此为持续更新中的报道。
Original Article Link: https://www.cnbc.com/2026/01/20/netflix-nflx-earnings-q4-2025.html