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

investing.com 15/11/2024 - 11:33 AM

Alibaba ADR Reports Third Quarter Earnings

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

The stock price of Alibaba ADR closed at ¥90.58, representing an increase of 8.90% over the last 3 months and 15.48% over the last 12 months.

In the past 90 days, Alibaba ADR has seen 12 positive EPS revisions and 2 negative EPS revisions. Check out Alibaba ADR's stock price’s past reactions to earnings here.

According to InvestingPro, Alibaba ADR's Financial Health score indicates "good performance."

Stay informed about Alibaba ADR's recent earnings performance and financials here.

To keep up-to-date on upcoming earnings reports, visit Investing.com's earnings calendar.




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