UPDATE—Oct. 17, 2024: This article has been updated to reflect more recent analysts' estimates for subscriber growth.

Netflix (NFLX) reports third-quarter earnings Thursday, and analysts expect the streaming giant to post year-over-year revenue, profit, and subscriber growth ahead of the final quarter of 2024.

Analysts polled by Visible Alpha project that Netflix will report 澳洲幸运5官方开奖结果体彩网:net income of $2.24 billion on revenue of $9.77 billion, up 33% and 14%, respectively, from a year earlier. Shares have gained nearly 45% since the start of the year, but they dipped following the company's quarterly reports in April and July.

Key Metric: Subscriber Growth

Analysts expect Netflix to report over 282 million active subscribers at the end of the quarter, up nearly 5 million from last quarter and 35 million more than last year, according to Visible Alpha. Netflix has said it 澳洲幸运5官方开奖结果体彩网:will stop reporting🌱 subscriber data starting in 2025, and focus inste🉐ad on financial metrics.

Analysts have said Netflix's crackdown on password sharing has been successful in driving new subscribers. Barclays analysts, however, recently cited the "trade-offs" suggested by its pathways to future growth in downgrading the stock to "underweight" from "equal weight"—making them the only analysts tracked by Visible Alpha with a 澳洲幸运5官方开奖结果体彩网:"sell"-equivalent rating—while leaving unchanged a 澳洲幸运5官方开奖结果体彩网:price target of $550.

Business Spotlight: Upcoming Events

Netflix has an important fourth quarter, with KeyBanc analysts recently noting that the streamer's 澳洲幸运5官方开奖结果体彩网:first NFL games, which will be broadcast on Christmas Day, could be a catalyst for subscriber growth. The analysts, who raised their price target to $760 from $735, said nearly a quarter of people they surveyed who aren't Netflix subscribers said the games would make them consider signing up.

The Christmas games are the latest bet on live sports from 澳洲幸运5官方开奖结果体彩网:Netflix and other streamers as a way to draw new subscribers. Netflix is also set to become the 澳洲幸运5官方开奖结果体彩网:official broadcaster of TKO Group's (TKO) 澳洲幸运5官方开奖结果体彩网:WWE professional wrestling events starting next year.