Alibaba Earnings Coming During Challenging Time

By | October 23, 2015

Scalper1 News

During what’s been a tough year, Alibaba (BABA) will report quarterly earnings before the market open Tuesday, with expectations of continued double-digit growth. The China e-commerce giant is expected to report revenue of $3.35 billion at current exchange rates, up 27% in local currency. The consensus on earnings per share minus items is 54 cents, up 25% in local currency. It’s for the company’s fiscal second quarter, for the period ended Sept. Scalper1 News

Scalper1 News