Netflix Inc. (NASDAQ:NFLX) reports Q1 earnings after the bell today, the first print since the company walked away from an $83 billion deal for Warner Bros. Discovery (NASDAQ:WBD) and pocketed a $2.8 billion termination fee paid by Paramount Skydance (NASDAQ:PSKY).
Wall Street expects EPS of 78 cents on revenue of $12.17 billion, up 15.5% year-over-year.
The company has topped EPS estimates in recent quarters, which is why Polymarket gives a 95% chance of another beat tonight.
Kalshi has a mention market, where traders are betting real money on which specific words Co-CEOs Ted Sarandos, Greg Peters, and CFO Spence Neumann will say on the 4:45 p.m. ET call.
The WBD Hangover
“Acquisition” at 92% and “Warner Bros.” at 86% are near-locks. Neumann already told analysts in March that Netflix would “move forward” with “$2.8 billion in our pocket that we didn’t have a few weeks ago.”
“Paramount” sits at 53%. A direct mention of the rival now absorbing HBO, …
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