Alibaba Group Holding (NYSE: BABA) has announced that it will be releasing its financial results for the first quarter of 2025 on Thursday 15th August 2024. The report will be made available before market open, allowing investors and analysts to evaluate the company's performance during this period.
Financial analysts on Wall Street are predicting that the enterprise is expected to report an estimated per share $2.13 profit for the current quarter. Additionally, the company is anticipated to reveal a total revenue of $34.81 billion during this period.
Wall street analysts expect the company to generate a total revenue of $142.52 billion for the entire year. Additionally, these analysts also foresee the company achieving an estimated profit of $8.41 per share for the fiscal year.
In the previous year's corresponding quarter, the company's earnings report revealed a per-share income of $2.4. Moreover, the company achieved a remarkable total revenue of $32.29 billion during that quarter.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Q4 2024 | $1.40 | -10.3% | 30.73 B | +1.4% |
| Q3 2024 | $2.67 | -4.3% | 36.67 B | +2.1% |
| Q2 2024 | $2.14 | +17.6% | 30.81 B | +5.8% |
| Q1 2024 | $2.40 | +37.1% | 32.29 B | +5.2% |
*Growth on year-over-year basis
Alibaba Group Holding (BABA) shares traded as low as $78.07 and as high as $80.98 on a day volume of 16.74 million shares, closed Thursday's regular trading session at $79.47, downfall of 2.01 percent.