A key metric analysts watch for Netflix are subscriber acquisition cost, notes the Wall Street Journal. These costs are seen rising after a period of recent declines, the Journal reports.
Netflix shares are down 0.9%, or $2.26, to $249.96.
Shares of Netflix (NFLX) are down ahead of the company's earnings report due after the closing bell tonight. Analysts expect Netflix to report Q1 EPS of $1.07 on revenue of $705.7 million.