Investing.com - NetEase reported on Tuesday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
NetEase announced earnings per share of 5.74 on revenue of 22.19B. Analysts polled by Investing.com EPS of 6.02 on revenue of 21.41B.
NetEase 's are up 16.09% and is trading at 111.18 , still down 17.23% from its 52 week high of 134.33 set on Thursday, February 11, 2021.
NetEase follows other major Communication Services sector earnings this month
NetEase's report follows an earnings beat by Alphabet C on Tuesday, October 26, 2021, who reported EPS of 27.99 on revenue of 65.12B, EPS of 23.83 on revenue of 63.53B.
Alphabet A had beat expectations on Tuesday, October 26, 2021 with third quarter EPS of 27.99 on revenue of 65.12B, for EPS of 23.73 on revenue of 63.53B.
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