Alibaba Group Holding (NYSE:BABA) is preparing to release its quarterly earnings on Friday, 2024-11-15. Here's a brief overview of what investors should keep in mind before the announcement.
Analysts expect Alibaba Group Holding to report an earnings per share (EPS) of $2.10.
The announcement from Alibaba Group Holding is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.
It's worth noting for new investors that guidance can be a key determinant of stock price movements.
Earnings Track Record
Last quarter the company beat EPS by $0.13, which was followed by a 4.58% increase in the share price the next day.
Here's a look at Alibaba Group Holding's past performance and the resulting price change:
| Quarter | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 |
|---|---|---|---|---|
| EPS Estimate | 2.13 | 1.41 | 2.69 | 2.12 |
| EPS Actual | 2.26 | 1.40 | 2.67 | 2.14 |
| Price Change % | 5.0% | 2.0% | -4.0% | -2.0% |
Alibaba Group Holding Share Price Analysis
Shares of Alibaba Group Holding were trading at $92.0 as of November 13. Over the last 52-week period, shares are up 18.56%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.
To track all earnings releases for Alibaba Group Holding visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
