NetEase, Inc (NTES) Scheduled to Post Earnings on Wednesday
NetEase, Inc (NASDAQ:NTES) is scheduled to be releasing its Q214 earnings data on Wednesday, August 13th. Analysts expect NetEase, Inc to post earnings of $1.46 per share and revenue of $425.92 million for the quarter. Persons interested in participating in the company’s earnings conference call can do so using this link.
NetEase, Inc (NASDAQ:NTES) last released its earnings data on Wednesday, May 14th. The company reported $1.38 EPS for the quarter, missing the Thomson Reuters consensus estimate of $1.40 by $0.02. The company had revenue of $405.20 million for the quarter, compared to the consensus estimate of $391.02 million. On average, analysts expect NetEase, Inc to post $5.92 EPS for the current fiscal year and $6.62 EPS for the next fiscal year.
NetEase, Inc (NASDAQ:NTES) opened at 83.48 on Tuesday. NetEase, Inc has a 1-year low of $60.32 and a 1-year high of $86.75. The stock has a 50-day moving average of $80.77 and a 200-day moving average of $72.96. The company has a market cap of $10.870 billion and a price-to-earnings ratio of 14.92.
On a related note, analysts at Citigroup Inc. initiated coverage on shares of NetEase, Inc in a research note on Friday, July 25th. They set a “neutral” rating and a $87.60 price target on the stock. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and five have issued a buy rating to the company. NetEase, Inc currently has a consensus rating of “Hold” and a consensus target price of $76.18.
NetEase, Inc is a holding company. The Company is an Internet technology company. The Company operates in three segments: Online Game Services, Advertising Services and E-mail, Wireless Value-added Services and Others.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.