0259 GMT - NetEase's 1Q results are likely to come in slightly above market expectations, say Nomura analysts in a note. While the quarter was relatively quiet in terms of new releases from the Chinese technology company's gaming business, demand for its legacy titles likely stayed resilient, they say. They estimate overall top line growth at 4% while adjusted earnings per American depository receipt likely falling 7%, both beating consensus estimates. Game business growth could accelerate to a 10% gain in 2H on the release of its new game "Sea of Remnants." Nomura retains its buy rating and $155 target price. ADRs last closed 1.5% lower at $116.25. (megan.cheah@wsj.com)

(END) Dow Jones Newswires

May 04, 2026 22:59 ET (02:59 GMT)

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