United Air’s 2024 Outlook Beats, Pulls Up Shares of Peers

Netflix Fourth Quarter Results

Netflix reported blowout subscriber numbers and strong financial metrics, with an operating margin expected to grow to 24% in 2024. While they missed earnings per share estimates for the fourth quarter, they emphasized the acceleration in average revenue per member and the expansion of their content lineup, including licensed and original content. The company also highlighted their ambitions in advertising and games, seeing them as significant growth opportunities in the streaming space. While the market rally at the end of 2021 was impressive, the first quarter of 2022 may pose some challenges, and investors should approach the new year with caution and avoid overzealousness. Netflix's solid financial position and the potential for further market expansion make it an attractive long-term investment.