Netease Earnings Preview
The average analyst estimate is $0.66 per share:
Based on the usage of XY2 and XYQ increasing in April, May and June and peak concurrent users about 1.2 million between the two games, I am expecting $0.75. You read it here first! I am expecting $0.82 for next quarter compared to average analyst estimates of $0.70.
On the conference call I hope to hear more detail about rumors of upcoming game regulations in China and a forecast for the two upcoming NTES MMORPG (a 3D game based on Chinese mythology and a 2.5D game set during the Tang dynasty) releases particularly the new 3d game we have been hearing so much about. Frankly I have very high expectations for the upcoming 3d MMORP. I hope that they will not let me down.
Disclosure: I am long NTES