Alibaba Q1 Earnings

Benzinga
Benzinga
  • 3 years ago
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.

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