Alibaba Group Holding BABA reported its Q2 earnings results on Thursday, November 18, 2021 at 06:24 AM.
Here's what investors need to know about the announcement.
Earnings
Alibaba Group Holding their estimated earnings by 9.84%, reporting an EPS of $1.74 versus an estimate of $1.93, which did not surprise analysts.
Revenue was up $8,309,000,000.00 from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.33, which was followed by a 1.69% increase in the share price the next day.
Here's a look at Alibaba Group Holding's past performance:
Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
---|---|---|---|---|
EPS Estimate | 2.24 | 1.78 | 3.25 | 2.11 |
EPS Actual | 2.57 | 1.58 | 3.38 | 2.65 |
Revenue Estimate | 32.54B | 28.06B | 33.35B | 23.17B |
Revenue Actual | 31.86B | 28.60B | 33.88B | 22.84B |
To track all upcoming earnings announcements, click to use Benzinga Earnings Calendar.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
---|
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.