NetEase (NTES) to Release Quarterly Earnings on Wednesday

NetEase (NASDAQ:NTES) is scheduled to be posting its quarterly earnings results after the market closes on Wednesday, November 14th. Analysts expect NetEase to post earnings of $2.10 per share for the quarter.

NetEase (NASDAQ:NTES) last issued its quarterly earnings data on Wednesday, August 8th. The technology company reported $2.44 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.62 by $0.82. NetEase had a net margin of 11.49% and a return on equity of 14.57%. The business had revenue of $2.46 billion during the quarter, compared to analyst estimates of $2.61 billion. On average, analysts expect NetEase to post $7 EPS for the current fiscal year and $9 EPS for the next fiscal year.

Shares of NTES opened at $228.64 on Wednesday. NetEase has a one year low of $184.60 and a one year high of $377.64. The stock has a market capitalization of $29.24 billion, a price-to-earnings ratio of 18.42, a P/E/G ratio of 1.43 and a beta of 0.96.

Several analysts have commented on the stock. TheStreet upgraded shares of NetEase from a “c+” rating to a “b” rating in a report on Friday, August 10th. Zacks Investment Research lowered shares of NetEase from a “hold” rating to a “sell” rating in a report on Wednesday, October 24th. BidaskClub lowered shares of NetEase from a “sell” rating to a “strong sell” rating in a report on Friday, September 7th. Macquarie lowered shares of NetEase from an “outperform” rating to a “neutral” rating in a report on Thursday, August 9th. Finally, Jefferies Financial Group upgraded shares of NetEase from a “hold” rating to a “buy” rating in a report on Friday, September 21st. Two analysts have rated the stock with a sell rating, two have given a hold rating, eleven have issued a buy rating and two have given a strong buy rating to the company’s stock. NetEase has a consensus rating of “Buy” and a consensus target price of $311.92.

WARNING: “NetEase (NTES) to Release Quarterly Earnings on Wednesday” was reported by Enterprise Leader and is owned by of Enterprise Leader. If you are reading this piece of content on another site, it was copied illegally and republished in violation of US & international trademark & copyright law. The correct version of this piece of content can be viewed at

About NetEase

NetEase, Inc operates an interactive online community in the People's Republic of China. The company operates through Online Game Services; E-Commerce; Advertising Services; and Email and Others segments. It offers various games in a range of genres through mobile devices and PCs, including role playing games, MMORPGs, battle arena games, simulation games, collectible card games, first-person shooter games, sandbox games, and other types of games to the Chinese market.

Featured Story: What is the float in trading stocks?

Earnings History for NetEase (NASDAQ:NTES)

Receive News & Ratings for NetEase Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NetEase and related companies with's FREE daily email newsletter.

Leave a Reply