Alibaba ADR Earnings Beat, Revenue Misses In Q3

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Alibaba ADR announced earnings per share of ¥12.92 on revenue of ¥207.18B. Analysts polled by Investing.com anticipated EPS of ¥11.74 on revenue of ¥208.52B.

Alibaba ADR shares are down 34.2% from the beginning of the year, still down 53.56% from its 52 week high of ¥168.30 set on November 17, 2021.

Alibaba ADR’s report follows an earnings beat by Amazon.com on October 27, who reported EPS of ¥0.28 on revenue of ¥127.1B, compared to forecasts EPS of ¥0.22 on revenue of ¥127.76B.

Tesla had beat expectations on October 19 with third quarter EPS of ¥1.05 on revenue of ¥21.45B, compared to forecast for EPS of ¥1 on revenue of ¥21.98B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar