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"Small businesses realize they need to get digital and go global." Adjusted EPS grew at a robust pace of 49.0%. Find the latest Earnings Report Date for Alibaba Group Holding Limited American Depositary Shares each representing eight Ordinary share (BABA) at Nasdaq.com. “Alibaba” or “Alibaba Group”) today announced its financial results for the quarter and fiscal year ended March 31, 2020. Alibaba stock dropped 5.9%, closing at 199.70 on the stock market today. Investopedia requires writers to use primary sources to support their work. ZacksTrade and Zacks.com are separate companies. "That includes merchants in the United States, where Alibaba has a growing presence helping small businesses list on its platform. The firm’s annual active consumers reached 726 million, up 15 million sequentially. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC.
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Peeking further ahead, Alibaba’s fiscal 2021 revenue is projected to climb 30%, with FY22 expected to come in another 27% higher.Meanwhile, its adjusted quarterly earnings are expected to pop 4.6% to $1.52 per share, with FY21 projected to surge 15%. These include white papers, government data, original reporting, and interviews with industry experts. ""We are well positioned and prepared to help large and small businesses across a wide spectrum of industries. Alibaba is delivering substantial revenue and earnings growth and based on estimates, it … The monthly returns are then compounded to arrive at the annual return.
During a conference call with analysts Friday morning, Alibaba chief financial officer Maggie Wu said Alibaba will "closely monitor the development of this bill" but she added that Alibaba's financial statements are prepared in accordance with US accounting standards. That trend of moderate growth is expected to continue in Q1 FY 2021. It’s worth noting that Alibaba has topped our quarterly earnings estimates by an average of 32% in the trailing four quarters.Alibaba is currently a Zacks Rank #3 (Hold) that sports a “B” grade for Momentum in our Style Scores system. All rights reserved. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating indiv idual securities.Alibaba reportedly controls roughly two-thirds of China’s e-commerce market, through Taobao and Tmall. Alibaba Group will be holding an earnings conference call on Thursday, August 20th at 12:00 AM Eastern. She's not aloneThis AI technology tracks employees to enforce social distancingCovid-19 is driving millennials out of cities and into first homesShe lost her job in 2008. As mentioned, many investors also will focus closely on Alibaba's annual active consumers.
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The China e-commerce giant reported adjusted earnings of $1.30 per share, up from $1.28 a year earlier. Investors will also be focused on Alibaba's annual active consumers, a key metric indicating the number of people making purchases on its platform.
Alibaba, the Chinese e-commerce giant, will announce its earnings on Tuesday before the US market opens. 101%. Meanwhile, its mobile MAUs climbed 22 million from the December quarter to hit 846 million for the three-month period ended on March 31.Alibaba, like many other tech focused-firms, has been expanding its cloud computing business, which climbed 58% last quarter to make up 11% of revenue.