Alibaba Earnings Coming Amid Global Expansion Plans

By | August 8, 2015

Scalper1 News

As it steps up efforts to expand into international markets, Chinese e-commerce leader Alibaba Group (BABA) is set to report quarterly earnings before the open Wednesday. The consensus revenue estimate is $3.395 billion, up 33.5% from the year-earlier quarter. It would be the sixth quarter in a row of double-digit gains. The consensus on earnings per share minus items, as polled by Thomson Reuters, is 58 cents for Alibaba’s fiscal first quarter Scalper1 News

Scalper1 News