Alibaba (BABA) Misses Q4 EPS by 20c

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Go back to Alibaba (BABA) Misses Q4 EPS by 20c

Alibaba (BABA) pops as $25B buybacks increase outweighs soft results

February 7, 2024 6:38 AM EST

Alibaba (NYSE: BABA) announced today its results for the quarter ending December 31.

Earnings per share (EPS) came in at RMB18.97 ($2.67), missing analyst expectations of RMB19.17. The company's revenue reached RMB260.35 billion, just shy of the consensus forecast of RMB260.65 billion.

In a significant move to enhance... More