This post was originally published on this site
https://i-invdn-com.investing.com/news/LYNXNPEB9606Q_M.jpg
NetEase announced earnings per share of 5.74 on revenue of 22.19B. Analysts polled by Investing.com anticipated EPS of 6.02 on revenue of 21.41B.
NetEase shares are up 16.09% from the beginning of the year, still down 17.23% from its 52 week high of 134.33 set on February 11. They are under-performing the Nasdaq 100 which is up 25.61% from the start of the year.
NetEase’s report follows an earnings beat by Alphabet C on October 26, who reported EPS of 27.99 on revenue of 65.12B, compared to forecasts EPS of 23.83 on revenue of 63.53B.
Alphabet A had beat expectations on October 26 with third quarter EPS of 27.99 on revenue of 65.12B, compared to forecast for EPS of 23.73 on revenue of 63.53B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
