Alibaba Group Holding Ltd BABA.N, BABA.K is expected to show a rise in quarterly revenue when it reports results on February 5 (estimated) for the period ending December 31 2024
The Hong Kong-based company is expected to report a 7.4% increase in revenue to CNY279.644 billion from CNY260.35 billion a year ago, according to the mean estimate from 20 analysts, based on LSEG data.
LSEG's mean analyst estimate for Alibaba Group Holding Ltd is for earnings of CNY19.61 per share.
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 36 "strong buy" or "buy," 8 "hold" and no "sell" or "strong sell."
The mean earnings estimate of analysts was unchanged in the last three months.
Wall Street's median 12-month price target for Alibaba Group Holding Ltd is $117.00, above its last closing price of $98.84.
Previous quarterly performance (using preferred earnings measure in Chinese yuan renminbi).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Sep. 30 2024 | 15.19 | 14.88 | 15.06 | Beat | 1.2 |
Jun. 30 2024 | 16.20 | 15.24 | 16.44 | Beat | 7.9 |
Mar. 31 2024 | 9.72 | 10.21 | 10.14 | Missed | -0.7 |
Dec. 31 2023 | 18.97 | 19.17 | 18.97 | Missed | -1.1 |
Sep. 30 2023 | 15.80 | 15.37 | 15.63 | Beat | 1.7 |
Jun. 30 2023 | 15.11 | 14.52 | 17.37 | Beat | 19.6 |
Mar. 31 2023 | 9.55 | 9.41 | 10.71 | Beat | 13.8 |
Dec. 31 2022 | 16.53 | 16.26 | 19.26 | Beat | 18.4 |
This summary was machine generated February 3 at 13:43 GMT. All figures in Chinese yuan renminbi unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
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