Investing.com - Alibaba ADR (NYSE:BABA) reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Alibaba ADR announced earnings per share of ¥12.92 on revenue of ¥207.18B. Analysts polled by Investing.com anticipated EPS of ¥11.74 on revenue of ¥208.52B.
Alibaba ADR shares are down 34.2% from the beginning of the year and are trading at ¥78.16 , down-from-52-week-high.
Alibaba ADR follows other major Consumer Discretionary sector earnings this month
Alibaba ADR's report follows an earnings beat by Amazon.com on Thursday, October 27, 2022, who reported EPS of ¥0.28 on revenue of ¥127.1B, compared to forecasts EPS of ¥0.22 on revenue of ¥127.76B.
Tesla had beat expectations on Wednesday, October 19, 2022 with third quarter EPS of ¥1.05 on revenue of ¥21.45B, compared to forecast for EPS of ¥1 on revenue of ¥21.98B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar