Company News: Alibaba (BABA) quarterly results miss analysts’ estimates

Market news

13 February 2020

Company News: Alibaba (BABA) quarterly results miss analysts’ estimates

Alibaba (BABA) reported Q3 FY 2020 earnings of RMB18.19 per share (versus RMB12.19 per share in Q3 FY 2019), beating analysts' consensus estimate of RMB15.70 per share.

The company's quarterly revenues amounted to RMB161.456 bln (+37.7% y/y), beating analysts' consensus estimate of RMB156.002 bln.

BABA rose to $224.59 (+0.12%) in pre-market trading.

UK's Finance Minister Javid resigns - media reports

Company News: American Intl (AIG) quarterly earnings beat analysts’ forecast

Market Focus

Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer

Open Demo Account & Personal Page

Personal area

support@teletradepartners.com

Risk Warning: Trading in the financial markets (including trading on margin) provides a wide range of opportunities and enables investors ready to take risks to make high profits, but it carries a potentially high level of risk of loss. Therefore, prior to trading you should take into careful consideration whether such operations are suitable for you in terms of your level of knowledge and financial situation.