NTES looks poised for a substantial move higher. Already at a all time high but has the potential for a much greater move post earnings Tuesday p/e ratio 16.28 NetEase (NASDAQ:NTES) is scheduled to announce Q1 earnings results on Tuesday, May 19th, after market close. The consensus EPS Estimate is $3.98 (+14.4% Y/Y) and the consensus Revenue Estimate is 2.2B (-19.4% Y/Y). Over the last 2 years, NTES has beaten EPS estimates 88% of the time and has beaten revenue estimates 50% of the time. Over the last 3 months, EPS estimates have seen 3 upward revisi ons and 1 downward. Revenue estimates have seen 1 upward revision and 2 downward. Source Seekignalpha
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Comment
Indicators are high but have room to run , in general bullish
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