Alibaba Group Announces September Quarter 2016 Results
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November 3, 2016 9:48 AM EDT
Brean Capital reiterated a Buy rating and $115.00 price target on Alibaba (NYSE: BABA) following the company's 2Q earnings report. Revenue came in at RMB 34.3bn (+55% YoY), exceeding consensus estimates of RMB 33.9bn. Adjusted EPS came in at $0.79, exceeding consensus of $0.69 by 10 cents on operating leverage from higher core commerce... More
November 3, 2016 7:31 AM EDT
Baird analyst Colin Sebastian reiterated an Outperform rating and raised his price target on Alibaba (NYSE: BABA) to $110.00 (from $104.00).
Sebastian commented, "F2Q17 reported solid results with revenues slightly missing our expectations (core commerce deceleration) but a nice EBITDA beat. While still... More
November 2, 2016 6:59 AM EDT
Alibaba (NYSE: BABA) reported Q2 EPS of $0.79, $0.10 better than the analyst estimate of $0.69. Revenue for the quarter came in at $5.14 billion versus the consensus estimate of $5.03 billion.
For earnings history and earnings-related data on Alibaba (BABA) click here.
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