Alibaba Q2 Earnings Miss Estimates, Revenues Improve Y/Y
BABABABA(BABA) ZACKS·2024-11-19 00:25

Alibaba (BABA) shares were slightly up at pre-market trading on Nov. 18, following the second-quarter fiscal 2025 results. BABA shares have returned 14.3% compared with the Zacks Retail-Wholesale sector’s appreciation of 23% in the year-to-date period.BABA reported non-GAAP earnings of $2.15 per ADS, which missed the Zacks Consensus Estimate by 4.87%. BABA’s earnings lagged the Zacks Consensus Estimate in two of the trailing four quarters, beating in the remaining two, the average earnings surprise being 2. ...