Benzinga | May 18, 2021 07:49AM EDT

NetEase Earlier Reported Q1 EPS $1.14 Beats $0.97 Estimate, Sales $3.13B Beat $3.11B Estimate

NetEase (NASDAQ:NTES) reported quarterly earnings of $1.14 per share which beat the analyst consensus estimate of $0.97 by 17.53 percent. This is a 74.89 percent decrease over earnings of $4.54 per share from the same period last year. The company reported quarterly sales of $3.13 billion which beat the analyst consensus estimate of $3.11 billion by 0.71 percent. This is a 29.96 percent increase over sales of $2.41 billion the same period last year.