Alibaba Q3 Earnings Seen Showing Strong Mobile Growth

By | January 28, 2015

Scalper1 News

Alibaba Group (BABA) is expected to show continued gains in making money from mobile users, when the China e-commerce leader reports fiscal Q3 earnings before the open Thursday. But the stock fall early Wednesday after a Chinese agency slammed it over fakes and other practices. The consensus estimate is that Alibaba will report revenue of $4.45 billion, up 54% from the year-earlier period. Earnings per share minus items are projected at 75 cents, Scalper1 News

Scalper1 News