NetEase Q2 Adj. EPS $1.77 Misses $2.28 Estimate, Sales $4.437B Beat $4.300B Estimate
NetEase (NASDAQ:NTES) reported quarterly earnings of $1.77 per share which missed the analyst consensus estimate of $2.28 by 22.37 percent. This is a 14.49 percent decrease over earnings of $2.07 per share from the same period last year. The company reported quarterly sales of $4.437 billion which beat the analyst consensus estimate of $4.300 billion by 3.19 percent. This is a 13.96 percent increase over sales of $3.894 billion the same period last year.
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