NetEase Q1 Adj EPADS $1.69 Beats $1.25 Estimate, Sales $3.65B Beat $3.56B Estimate
Portfolio Pulse from Benzinga Newsdesk
NetEase reported Q1 earnings of $1.69 per share, beating the analyst consensus estimate of $1.25 by 35.2%. Sales reached $3.65B, surpassing the $3.56B estimate.
May 25, 2023 | 8:35 am
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NetEase's Q1 earnings beat analyst estimates with a 35.2% increase in EPS and a 2.44% increase in sales.
NetEase's Q1 earnings exceeded analyst expectations, with a 35.2% increase in earnings per share and a 2.44% increase in sales. This positive financial performance is likely to have a short-term positive impact on the stock price.
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