Alibaba (BABA) reports earnings in dismal international trade environment LeapRate

August 14, 2019 BY Valentina Kirilova

Alibaba (BABA) reports earnings in dismal international trade environment

The following post is courtesy of Nikolas Papas, Market Strategist, InvestingCube.com and ATFX. Alibaba (BABA) will release its earnings report before the market open on Thursday, Aug. 15. BABA’s stock closed yesterday at $162.22. Analysts expect Alibaba to earn $1.49 - $1.50 per share on revenue of $16.09 - $15.9 billion. Same quarter a year…

Alibaba releases a record 54% rise in 3Q revenue

Alibaba Group Holding Limited (NYSE: BABA) just posted a 54% jump in 3Q revenue, beat all the analyst estimates, helped by higher sales during its Single's Day shopping event and increased earnings in its cloud and digital media ventures. The company said it would be raising its 2017 full-year guidance for revenue growth from 48% to…

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Alibaba (BABA) reports earnings in dismal international trade environment

Alibaba releases a record 54% rise in 3Q revenue

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