The Week Ahead: Netflix, P&G, and Intel to Report Earnings
We also are looking out for other big names to report in the week ahead.
Moving on to the week ahead, we expect earnings to start rolling in on Tuesday from Netflix (NFLX), Bank of America (BAC), and Schwab (SCHW). We are also expecting Procter & Gamble (PG), UnitedHealth Group (UNH), and Morgan Stanley (MS) to report on Wednesday, followed by Intel (INTC) and International Business Machines (IBM) on Thursday.
As one of the largest online video providers in the United States, Netflix, which has a Morningstar Economic Moat Rating of narrow, has rapidly expanded abroad and now has more subscribers outside of the U.S. than inside. The streaming video-on-demand service’s massive data set tracks every customer interaction and uses the data to purchase content as well as finance and produce original material. Netflix shares this competitive space with larger firms like Disney and WarnerMedia, both of which have launched their own SVOD platforms.
Carole Hodorowicz does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.