Netflix, Inc. (NASDAQ: NFLX) is scheduled to report second quarter earnings on Monday after the bell and Investors are watching whether it can continue its global subscription growth.

According to the Thomson Reuters estimate, the company is expected to post earnings per share of 16 cents on revenue of $2.76 billion for the second quarter. This represents a 31.2 percent sales increase from a year earlier.

Netflix shares are flat before the earnings. The stock has gained 30 percent year-to-date and increased more than 60 percent in one-year period. Its shares hit a record high of $166.87 per share in June.

The number of subscriber additions is the key indicator that analysts are closely looking at. The media and video streaming company expected to add 3.2 million new subscribers in the second quarter. Netflix shares fell more than 3 percent last quarter as the subscription growth fell short of analysts’ estimates.

Investors also watch whether original content would bring more subscriber. Original contents including new seasons of “House of Cards”, “Orange is the New Black,” and “Glow” were debuted this quarter.

Netflix is now facing more competition as many companies start to provide video streaming service. Competitors includes Hulu live TV, YouTube TV, AT&T's DirecTV and Dish's Sling TV. Amazon is also exploring this industry by creating original contents.