Netflix‘s (NASDAQ: NFLX) shareholders have July 17 circled on their calendar. That’s the day the company will report its financial results for the second quarter.
The streaming specialist has been on fire all year long. Its shares are up by 44% this year. However, much stronger-than-expected results could send the stock soaring even further — and weaker-than-expected earnings could have the opposite effect.
Should investors purchase Netflix’s shares before it releases its next quarterly update? Let’s find out.