NetEase Inc reports results for the quarter ended December 31 - Earnings Summary

NetEase

20/02/2025 14:31

* NetEase Inc  9999.HK  reported quarterly adjusted earnings
of
CNY3.02​​ per share for the quarter ended December 31, higher
than the same quarter last year, when the company reported EPS
of CNY2.27.  The mean expectation of six analysts for the
quarter was for earnings of CNY2.28 per share. Wall Street
expected results to range from CNY1.68  to CNY2.71 per share.
    * Revenue fell 1.4% to CNY26.75 billion from a year ago;
analysts
expected CNY27.24 billion. 
    * NetEase Inc's reported EPS for the quarter was CNY2.73​.
    * The company reported quarterly net income of CNY8.77
billion.
    * NetEase Inc shares had risen by 17.4% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 0.9%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 20 "strong buy" or "buy," no
"hold" and 1 "sell" or "strong sell." 
    * The average consensus recommendation for the online
services
peer group is also "buy"

Wall Street's median 12-month price target for NetEase Inc is
HK$181.00 
This summary was machine generated from LSEG data February 20 at
02:30 p.m. UTC. ​All figures in Chinese yuan renminbi unless
otherwise stated. (For questions concerning the data in this
report, contact Estimates.Support@lseg.com. For any other
questions or feedback, contact
RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      2.28           3.02           Beat
 Sep. 30 2024      2.23           2.33           Beat
 Jun. 30 2024      2.43           2.41           Missed
 Mar. 31 2024      2.24           2.62           Beat