Analysts were expecting earnings of 47 cents per share on revenue of $150.2 million for the Chinese online game developer.
TheStreet Ratings team rates PERFECT WORLD CO LTD as a Buy with a ratings score of B. TheStreet Ratings Team has this to say about their recommendation:
"We rate PERFECT WORLD CO LTD (PWRD) a BUY. This is driven by a number of strengths, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels, compelling growth in net income and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity."
Highlights from the analysis by TheStreet Ratings Team goes as follows:
- You can view the full analysis from the report here: PWRD Ratings Report
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