The releases contained on this page may contain dated information. Alizila Staff | May 22, 2020 Alibaba Group today announced financial results for the quarter and fiscal year ended March 31, 2020. This includes personalizing content and advertising. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Highlights are in the infographic and summary below. The company's net profit attributable to shareholders was 47.59 billion yuan. NASDAQ data is at least 15 minutes delayed.This site is protected by reCAPTCHA and the Google Alibaba Group Holding Limited (BABA) - free report >> A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.33% per year. See its 7 best stocks FREE.This page has not been authorized, sponsored, or otherwise approved or endorsed by the companies represented herein.
These returns cover a period from January 1, 1988 through July 6, 2020. Highlights of the group’s fiscal first-quarter earnings are in the infographic and summary below. The monthly returns are then compounded to arrive at the annual return.
As the releases may contain dated information, they should not be relied upon as providing accurate or current information.
To read Alibaba Group’s press release covering the results …
Readers are cautioned that the releases on this page are maintained here solely for the purposes of providing historical background about Alibaba Group, its business and product or service offerings. The releases contained on this page may contain dated information. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations.Real time prices by BATS. Delayed quotes by Sungard.NYSE and AMEX data is at least 20 minutes delayed. To read Alibaba Group’s press release covering the results in greater detail, click here. But rising policy uncertainties from the U.S. still cast a shadow over its outlook. Alizila Staff | August 20, 2020 Alibaba Group today announced financial results for the quarter ended June 30, 2020.
Chinese e-commerce giant Alibaba Group Holding Ltd. reported better-than-expected quarterly results as sales rebounded to the pre-pandemic level. To learn more, You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. HANGZHOU, Aug. 21 (Xinhua) -- China's e-commerce giant Alibaba Group reported year-on-year revenue growth of 34 percent to 153.8 billion yuan (about 21.76 billion U.S. dollars) for the quarter that ended on June 30, 2020. Readers are cautioned that the releases on this page are maintained here solely for the purposes of providing historical background about Alibaba Group, its business and product or service offerings. At the bottom end of the income statement, Alibaba’s adjusted quarterly earnings are expected to climb over 27% to $2.25 per share.Alibaba is currently a Zacks Rank #3 (Hold) that has topped our bottom-line estimates by an average of 18% in the trailing four quarters.Experts have chosen 7 stocks out of 220 Zacks Rank #1 Strong Buys that have the highest potential to increase in price quickly amid the global health crisis. Find the latest Earnings Report Date for Alibaba Group Holding Limited American Depositary Shares each representing eight Ordinary share (BABA) at Nasdaq.com. ZacksTrade and Zacks.com are separate companies. March Quarter 2020 and Full Fiscal Year 2020 Results.
A recent pick, Maxar, skyrocketed For 32 years, our Strong Buy list has averaged returns more than twice the market. On top of that, the firm has expanded beyond its core commerce unit, which still accounted for 85% of total sales last quarter.Alibaba hopes to become a larger competitor in the growing cloud computing market, which includes giants such as Amazon, Microsoft (Looking ahead, our Zacks estimates call for Alibaba’s quarterly revenue to jump 33% to $22.68 billion.
Alibaba stock has surged 35% in the last six months to easily outpace the S&P 500. Alibaba posted 34% year-on-year growth in sales for the quarter ended in June to 153.8 billion yuan ($22.2 billion), beating Wall Street estimates.
The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. China's Alibaba beat quarterly revenue and profit estimates as its core commerce and cloud computing businesses benefited from the coronavirus-led … Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. Each of the company logos represented herein are trademarks of Verizon Media; Microsoft Corporation; Nasdaq, Inc.; Dow Jones & Company; Forbes Media, LLC; Investor's Business Daily, Inc.; and Morningstar, Inc.At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors.
Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Last quarter, its mobile monthly active users hit 785 million, up 30 million from the year-ago period. “With sustained consumer engagement and spending across the Alibaba Economy, we have continued our revenue and profit growth, as well as strong free cash flow that enable us to invest in long-term growth,” CFO Maggie Wu said in prepared remarks last quarter.Investors should also note that Alibaba has expanded its logistics business to help it grow outside of major markets like Beijing and Shanghai. Alibaba Group disclaims any intention or obligation to update or revise any of the information contained in any of the releases on this page, whether as a result of new information, future events or otherwise.Copyright Notice © 1999-2020 Alibaba Group Holding Limited and/or its affiliates and licensors. Webcast Press Release Presentation Transcript. Zacks Ranks stocks can, and often do, change throughout the month. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating indiv idual securities.Alibaba reportedly controls roughly two-thirds of China’s e-commerce market.