Netflix, Inc. NFLX 0.55% is set to release earnings after the closing bell on Wednesday.

The company has been thriving lately, and the success has been reflected in the stock’s surging share price. Netflix is up 105.2 percent so far in 2015, and was the top performing stock in the entire S&P 500 in the first half of the year.

Expectations

Expectations for the company’s Q2 earnings report are certainly high. Wall Street consensus estimates are for earnings per share (EPS) of $0.32 on revenue of $1.645 billion. However, the Estimize consensus estimates of $0.44 EPS on $1.654 billion in revenue are even higher. The question that many traders are asking themselves today is this one: are Netflix expectations so high that it will be impossible to meet them?

UBS’s Take

According to UBS analyst Doug Mitchelson, the market will be…

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