Investing.com - Netflix (NASDAQ:NFLX) is to report today after the bell, and is expected to post an EPS of $0.13 on $2.46 billion in revenue.
User growth will be the metric most watched, after better than expected user growth last quarter.
Netflix sees original content as main driver for future growth, plans to spend $6 billion on content in 2017.
Competition is heating up with Hulu, HBO. Amazon (NASDAQ:AMZN) Prime Video has gone global in December, company also plans $4-5 billion investment in content.
Netflix's valuation is 3rd highest in SP500 , with a P/E ratio of 360, but it will struggle to achieve faster growth amid competition.
Netflix's stock has been very volatile on earnings day, and fireworks are expected in after-market trading hours.