Earnings Outlook for Alibaba Group Holding

On Thursday, August 20, Alibaba Group Holding BABA will release its latest earnings report. Benzinga's outlook for Alibaba Group Holding is included in the following report.

Earnings and Revenue

Analysts covering Alibaba Group Holding modeled for quarterly EPS of $1.98 on revenue of $21.22 billion. Alibaba Group Holding EPS in the same period a year ago totaled $1.83. Sales were $16.74 billion. If the company were to post earnings in line with the consensus estimate when it reports Thursday, EPS would be up 8.2%. Sales would be have grown 26.75% from the same quarter last year. Here's how the company's reported EPS has stacked up against analyst estimates in the past:

Quarter Q4 2020 Q3 2020 Q2 2019 Q1 2019
EPS Estimate 0.87 2.22 1.50 1.46
EPS Actual 1.30 2.61 1.83 1.83
Revenue Estimate 15.20 B 22.45 B 16.46 B 15.82 B
Revenue Actual 16.14 B 23.19 B 16.65 B 16.74 B

Stock Performance

Shares of Alibaba Group Holding were trading at $259.28 as of August 19. Over the last 52-week period, shares are up 50.57%. Given that these returns are generally positive, long-term shareholders can be satisfied going into this earnings release.

Don't be surprised to see the stock move on comments made during its conference call. Alibaba Group Holding is scheduled to hold the call at 07:30:00 ET and can be accessed here: https://edge.media-server.com/mmc/p/3pkoeev3

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BABAAlibaba Group Holding Ltd
$119.96-0.56%

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