NetEase, Inc. reports results for the quarter ended June 30 - Earnings Summary
NetEase, Inc. reports results for the quarter ended June 30 - Earnings Summary
NetEase, Inc. 9999.HK reported quarterly adjusted earnings of CNY2.40 per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of CNY2.96. The mean expectation of six analysts for the quarter was for earnings of CNY2.98 per share. Wall Street expected results to range from CNY2.37 to CNY3.33 per share.
Revenue rose 7.9% to CNY30.11 billion from a year ago; analysts expected CNY29.49 billion.
NetEase, Inc.'s reported EPS for the quarter was CNY2.17.
The company reported quarterly net income of CNY6.98 billion.
NetEase, Inc. shares had fallen by 4.0% this quarter and lost 9.4% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 9.7% in the last three months.
In the last 30 days, one analyst negatively revised an earnings estimate
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 19 "strong buy" or "buy," 1 "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$239.05, about 19.1% above its last closing price of HK$193.40
This summary was machine generated from LSEG data August 20 at 02:25 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 |
Jun. 30 2026 | 2.98 | 2.40 | Missed |
Mar. 31 2026 | 2.70 | 3.49 | Beat |
Dec. 31 2025 | 2.54 | 2.27 | Missed |
Sep. 30 2025 | 2.62 | 2.95 | Beat |
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