Alibaba Group (NYSE:BABA – Get Free Report) will be posting its quarterly earnings results before the market opens on Friday, November 15th. Analysts expect Alibaba Group to post earnings of $1.87 per share for the quarter. Investors interested in listening to the company’s conference call can do so using this link.
Alibaba Group (NYSE:BABA – Get Free Report) last announced its quarterly earnings data on Thursday, August 15th. The specialty retailer reported $16.44 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.87 by $14.57. The firm had revenue of $243.24 billion for the quarter, compared to analysts’ expectations of $248.32 billion. Alibaba Group had a return on equity of 12.08% and a net margin of 7.31%. The company’s revenue for the quarter was up 3.9% compared to the same quarter last year. During the same period last year, the firm earned $2.47 earnings per share. On average, analysts expect Alibaba Group to post $8 EPS for the current fiscal year and $8 EPS for the next fiscal year.
Alibaba Group Trading Up 3.5 %
Shares of BABA stock opened at $100.16 on Friday. The business has a 50-day moving average of $96.65 and a 200 day moving average of $84.70. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.41 and a quick ratio of 1.41. Alibaba Group has a 1-year low of $66.63 and a 1-year high of $117.82. The stock has a market capitalization of $239.87 billion, a PE ratio of 26.22, a P/E/G ratio of 0.46 and a beta of 0.35.
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Alibaba Group Company Profile
Alibaba Group Holding Limited, through its subsidiaries, provides technology infrastructure and marketing reach to help merchants, brands, retailers, and other businesses to engage with their users and customers in the People's Republic of China and internationally. The company operates through seven segments: China Commerce, International Commerce, Local Consumer Services, Cainiao, Cloud, Digital Media and Entertainment, and Innovation Initiatives and Others.
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