Alibaba (BABA) Sets First Quarterly Reporting Date Since IPO
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Mark your calendar... Alibaba (NYSE: BABA) announced the timing of its first quarterly earnings report since coming public in September.
Alibaba will report its financial results for the quarter ended September 30, 2014 before the U.S. market opens on Tuesday, November 4, 2014, and will hold a conference call to discuss the financial results at 7:30 a.m. U.S. Eastern Time (8:30 p.m. Hong Kong Time) on the same day.
After pricing its IPO at $68 and opening at $92.70, shares of Alibaba haven't done much since. In fact, shares are down about 5% since the IPO open to $88.26.
Analysts on average are looking for the company to post EPS of $0.49 on revenues of $2.54 billion.
A live webcast of Alibaba's earnings conference call can be accessed at http://www.alibabagroup.com/en/ir/earnings.
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