Alibaba's Redemption Arc: Insights From Q1 FY2025 Earnings And Market Reactions
BABABABA(BABA) Seeking Alpha·2024-08-21 20:30
BrianAJackson Introduction After reporting yet another mixed bag of a quarter last Thursday, Alibaba Group Holding Limited (NYSE:BABA) stock has experienced considerable volatility in recent sessions to go literally nowhere:   GoogleFinance While Alibaba's Q1 sales of $33.94B [+4% y/y] missed consensus estimates by ~$0.7B, its normalized EPS of $2.29 per share [-5% y/y] beat expectations by $0.20 per share, primarily due to aggressive stock buybacks.   SeekingAlpha Now, throughout this earnings season,  ...