NetEase Stock Has a Lot to Prove on Wednesday

We're in the late innings of earnings season, but we still have a few companies stepping up with fresh financials this week. NetEase (NASDAQ: NTES) will post its third-quarter results after Wednesday's market close. It will host its conference call to discuss its performance later that evening.

Analysts see a 37% surge in revenue for the period. NetEase Games -- now accounting for more than two-thirds of its revenue -- should continue to be the key driver. Analysts see a decline in adjusted earnings, something that isn't really a surprise as the gaming market's focus has shifted to lower-margin mobile games over traditional PC-based diversions.

Image source: NetEase. Image source: NetEase.

Source: Fool.com