Netease.com Earnings: What Investors Should Watch
Netease.com (NASDAQ:NTES) will report earnings after markets close on Wednesday, August 14th. NetEase.com Inc. is an Internet technology company that develops applications, services and other Internet technologies in China. The Company provides online gaming services thatinclude in-house developed massively multi-player online role-playing games and licensed titles. NetEase also provides free email and various channels of content, online advertising, search and community services.
Here is your Cheat Sheet to Netease.com Earnings:
Earnings Expectations: Analysts expect earnings of $1.26 per share on revenues of $368.86 million. Currently, the company’s P/E ratio stands at 13.31.
Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $1.25 to a profit $1.27. For the current year, the average estimate is a profit of $5.3, which is better than the estimate ninety days ago.
Here’s how Netease.com has been performing on an annual basis:
|Revenue ($) in millions||452||550||834||1,158||1,316|
|Diluted EPS ($)||1.81||2.09||2.60||3.92||4.44|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012||Mar. 31, 2013|
|Revenue ($) in millions||308.91||318.51||364.50||346.59|
|Diluted EPS ($)||1.05||0.98||1.23||1.32|
Netease.com has beat analyst estimates 2 times in the past four quarters. This is not consistent enough to get bullish yet.
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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)