Investing.com - NetEase reported on Thursday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
NetEase announced earnings per share of 9.92 on revenue of 24.37B. Analysts polled by Investing.com EPS of 6.48 on revenue of 24.04B.
NetEase 's are down 10.04% and is trading at 91.56 , still down 24.23% from its 52 week high of 120.84 set on Friday, May 21, 2021.
NetEase follows other major Communication Services sector earnings this month
NetEase's report follows an earnings beat by Alphabet C on Tuesday, February 1, 2022, who reported EPS of 30.69 on revenue of 75.33B, EPS of 27.8 on revenue of 72.27B.
Meta Platforms had missed expectations on Wednesday, February 2, 2022 with fourth quarter EPS of 3.67 on revenue of 33.67B, for EPS of 3.84 on revenue of 33.37B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar