NetEase Reports Third Quarter 2018 Unaudited Financial Results
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NetEase.com (NTES) PT Raised to $290 at CLSA
November 16, 2018 9:07 AM ESTCLSA analyst Elinor Leung raised the price target on NetEase.com (NASDAQ: NTES) to $290.00 (from $280.00) while maintaining a Buy rating.
Leung notes gaming improved, with revenue up 28% YoY, 5% above estimate. Deferred revenue was also up 16% QoQ and 20% YoY, indicating solid gaming growth... More
NetEase.com (NTES) PT Raised to $270 at Barclays
November 16, 2018 9:05 AM ESTBarclays analyst Gregory Zhao raised the price target on NetEase.com (NASDAQ: NTES) to $270.00 (from $250.00) while maintaining a Equalweight rating followign "solid" Q3 results.
Zhao notes strong traction from new games.
... MoreNetEase (NTES) Tops Q3 EPS by 74c, Revenues Beat
November 14, 2018 6:06 PM ESTNetEase (NASDAQ: NTES) reported Q3 EPS of $2.55, $0.74 better than the analyst estimate of $1.81. Revenue for the quarter came in at $2.45 billion versus the consensus estimate of $2.4 billion.
Net revenues[1] were RMB16.9 billion (US$2.5 billion), an increase of 35.1% compared with the third quarter of 2017.Online game services net revenues were RMB10.3 billion (US$1.5 billion), an increase of 27.6% compared with the third quarter... More