Menu
sharewise sharewise
Log in
Sign up
Log in
Sign up
Du musst dich anmelden oder registrieren, bevor du fortfahren kannst.
Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

NetEase: Q4 Net Income Boosted, EPS Up

TheMotleyFool 
0 0 20.02.25
NetEase: Q4 Net Income Boosted, EPS Up
 

Chinese internet technology and gaming specialist (NASDAQ:NTES) reported mixed forth quarter 2024 earnings on Thursday, Feb. 20. Q4 revenue of $3.66 billion came in just short of analysts' consensus estimates of $3.72 billion and was also down 1.4% year over year. Adjusted earnings per share outperformed, reaching $2.07 compared to the estimated $1.73 per American depositary share (ADS). This was also reflected in a noticeable rise in net income to $1.3 billion, marking a 44.4% increase from the prior year.

Overall, the quarter highlighted NetEase's strong gaming prowess, although profitability faced pressure.

Source: NetEase. * EPS figures are on a "per American depositary share" (ADS) basis. Note: Analyst consensus estimates for the quarter provided by FactSet. YOY = Year over year.

Continue reading


Source Fool.com

Netease Inc. ADR Stock

€118.00
1.720%
There is an upward development for Netease Inc. ADR compared to yesterday, with an increase of €2.00 (1.720%).
With 13 Buy predictions and not the single Sell prediction the community is currently very high on Netease Inc. ADR.
With a current price of 118.0 € Netease Inc. ADR is right around the predicted target price of 118 €.
Show more
Like: 0
NTES
Share

Comments

Not a member yet? Sign up for free!