BABA - Alibaba Likely To Report Lower Q4 Earnings; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts | Benzinga
Alibaba Group Holding Limited (NYSE:BABA) is set to release earnings results for its fourth quarter before the opening bell on May 14.
Analysts expect the China-based company to report quarterly earnings at $1.41 per share, down from $1.5 per share in the year-ago period. Alibaba is projected to report quarterly revenue of $30.40 billion, compared to $29.15 billion a year ago, according to data from Benzinga Pro.
Alibaba and Lenovo Group, last month, joined forces to develop a suite of artificial intelligence (AI) products, marking a significant move as Chinese tech giants vie for ...