Alibaba Q1 Earnings

Alibaba Q1 Earnings

Alibaba ($BABA@China) reported mixed Q! On Tuesday morning, the company beat earnings per share estimates but fell short of sales projections. Alibaba’s EPS of $2.57 beat analyst’s predictions by 14.73 and is a 22.38 increase year over year. However, their sales of $21.86 billion narrowly missed the estimate by 2.07. Shares of Alibaba were down 2.86 at press time.


User: Benzinga

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Uploaded: 2021-09-01

Duration: 00:31