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NetEase earnings missed by ¥0.64, revenue fell short of estimates

by November 14, 2024
written by November 14, 2024

Investing.com – NetEase (NASDAQ: NTES) reported third quarter EPS of ¥11.63, ¥0.64 worse than the analyst estimate of ¥12.27. Revenue for the quarter came in at ¥26.21B versus the consensus estimate of ¥26.69B.

NetEase’s stock price closed at ¥76.28. It is down -15.16% in the last 3 months and down -33.72% in the last 12 months.

NetEase saw 1 positive EPS revisions and 8 negative EPS revisions in the last 90 days. See NetEase’s stock price’s past reactions to earnings here.

According to InvestingPro, NetEase’s Financial Health score is “great performance”.

Check out NetEase’s recent earnings performance, and NetEase’s financials here.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar

This post appeared first on investing.com
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