NetEase Reports First Quarter 2017 Unaudited Financial Results

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Go back to NetEase Reports First Quarter 2017 Unaudited Financial Results

Instinet Downgrades NetEase.com (NTES) to Neutral

May 11, 2017 10:08 AM EDT

Instinet downgraded NetEase.com (NASDAQ: NTES) from Buy to Neutral with a price target of $297.00 (from $307.00).

Analyst Jialong Shi said the shares lack near-term catalysts, althoghh the believe the stock could be attractive for long-term investors. Meanwhile, they prefer Tencent.

The... More

NetEase (NTES) Tops Q1 EPS by 77c

May 11, 2017 7:13 AM EDT

NetEase (NASDAQ: NTES) reported Q1 EPS of $4.75, $0.77 better than the analyst estimate of $3.98. Revenue for the quarter came in at $1.98 billion versus the consensus estimate of $1.72 billion.

For earnings history and earnings-related data on NetEase (NTES) click here.

... More