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Thursday, February 25, 2016

=NetEase (NTES) reported earnings on Wed 24 Feb 2016 (a/h)






  • Missed on Q4 EPS of $2.52 ($2.53 Consensus); beat on revs; downgraded to Underperform from Outperform at Credit Agricole.
  • The online gaming heavyweight reported Q4 revenue above, earnings just below analyst consensus projections. The stock has been trying to beat resistance at its 50-day moving average, climbing the right side of a two-month consolidation.

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