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Alibaba ADR earnings beat by ¥0.27, revenue fell short of estimates

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November 15, 2024
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Alibaba ADR earnings beat by ¥0.27, revenue fell short of estimates

Investing.com – Alibaba ADR (NYSE: BABA) reported third quarter EPS of ¥15.06, ¥0.27 better than the analyst estimate of ¥14.79. Revenue for the quarter came in at ¥236.5B versus the consensus estimate of ¥239.97B.

Alibaba ADR’s stock price closed at ¥90.58. It is up 8.90% in the last 3 months and up 15.48% in the last 12 months.

Alibaba ADR saw 12 positive EPS revisions and 2 negative EPS revisions in the last 90 days. See Alibaba ADR’s stock price’s past reactions to earnings here.

According to InvestingPro, Alibaba ADR’s Financial Health score is “good performance”.

Check out Alibaba ADR’s recent earnings performance, and Alibaba ADR’s financials here.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar

This post appeared first on investing.com
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