Alibaba Consensus Earnings Estimates Rise 12.7% for Current Quarter

EarningsAnalyst
โดย Zacks Investment Research·CN·Read original
Summary · why it matters

Alibaba is expected to post earnings of $1.57 per share for the current quarter, a change of +157.4% from the year-ago quarter, with the Zacks Consensus Estimate rising +12.7% over the last 30 days. For the current fiscal year, the consensus earnings estimate of $6.51 indicates a year-over-year change of +67.4%, though that estimate has slipped -5.8% over the last 30 days, while the next fiscal year's consensus of $9.1 points to a +39.8% change and has moved -4.7% over the past month. On the revenue side, the consensus sales estimate of $40.49 billion for the current quarter points to a year-over-year change of +16.3%, with $166.74 billion and $184.2 billion expected for the current and next fiscal years, changes of +14.7% and +10.5% respectively. In the last reported quarter, Alibaba posted revenues of $39.64 billion, up +14.7% year over year, beating the Zacks Consensus Estimate of $38.63 billion by +2.61%, while EPS of $1.26 compared with $2.06 a year ago for an EPS surprise of -35.05%. Alibaba is rated Zacks Rank #3 (Hold) and carries a Zacks Value Style Score of C, indicating it is trading at par with its peers.

Impact on stocks 2

Artificial Intelligence · 2 stocks
Alibaba Group Holding Ltd
9988
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Zacks Consensus earnings estimate for the current quarter rose 12.7% over the last 30 days, with EPS expected up 157.4% year over year.