Netflix is set to report quarterly earnings after market close on Tuesday as the media industry faces consolidation, spinouts and intensified competition.
Here's how Netflix is expected to perform for the period ended Sept. 30, according to estimates from analysts polled by LSEG:
Last week, Netflix said it was laying off about 6% of employees, or roughly 1,000 workers, and that Chief Content Officer Bela Bajaria was departing from that role.
With the help of its cheaper, ad-supported tier, Netflix continues to post solid profits and remains the biggest player in the streaming realm.
On Tuesday, Netflix announced new features for advertisers that it says will help better connect brands to the right audiences and measure the impact of their ads.