Four Dates for Netflix, Inc. (NFLX) Investors to Watch This Summer

July 17
Dreamworks Animation Skg Inc (NASDAQ:DWA) hits theaters everywhere with Turbo on July 17.

The latest computer-rendered release out of the studio behind Shrek, Kung Fu Panda, and Madagascar is a movie about an insanely fast snail with dreams of racing in the Indy 500.

Why will Netflix investors want to keep an eye on a movie playing on the big screen? Well, it’s not just about the long-term deal with Dreamworks Animation Skg Inc (NASDAQ:DWA) that will bring future releases to Netflix’s streaming platform. This movie will be even more important because Netflix has signed up to be the exclusive home for Tubro: F.A.S.T., a show based on the movie’s characters.

Netflix will begin streaming the new show in December, so the hope here is that it’s a big enough summer blockbuster that it will help young children forget about the Viacom, Inc. (NASDAQ:VIAB) content that went away in May and has now made a new home at Amazon’s Prime Instant platform.

July 24
Netflix has yet to announce the date for its second quarter, but it has historically taken place in late July.

There’s a lot riding on this report. After the blowout subscriber growth and dramatic fiscal improvement during Netflix’s first quarter, expectations are high for the good times to keep rolling at Netflix.

After topping $1 billion in quarterly revenue for the first time during the first three months of the year, analysts see sequential improvement. Wall Street sees profitability nearly quadrupling since last year’s second quarter on a healthy 21% year-over-year spike in revenue.

There have been no indicators that Netflix won’t be able to live up to these lofty expectations. The service’s popularity is exploding worldwide with more than 36 million global streaming subscribers. The stock has been one of the market’s biggest winners since bottoming out last year, and a strong report will be necessary to keep that going.

More than four dates
Naturally there will be plenty of important dates for Netflix next month. Analysts will make moves. Content deals will be announced. Rivals will jockey for position. However, we already know that these four dates will be material to the company’s success this summer for investors.

Hold on tight, Netflix investors. It’s going to be a wild summer.

The article 4 Dates for Netflix Investors to Watch This Summer originally appeared on Fool.com.

Longtime Fool contributor Rick Munarriz owns shares of Netflix. The Motley Fool recommends Amazon.com, DreamWorks Animation, and Netflix. The Motley Fool owns shares of Amazon.com and Netflix.

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