Alibaba: Q2 Earnings Insights - Alibaba Gr Holding (NYSE:BABA)

Alibaba Group Holding BABA reported its Q2 earnings results on Thursday, November 18, 2021 at 06:24 AM.

Here's what investors need to know about the announcement.

Alibaba Group Holding their estimated earnings by 9.84%, reporting an EPS of $1.74 versus an estimate of $1.93, which did not surprise analysts.

Revenue was up $8,309,000,000.00 from the same period last year.

Last quarter the company beat on EPS by $0.33, which was followed by a 1.69% increase in the share price the next day.

Here's a look at Alibaba Group Holding's past performance:

Quarter	Q1 2022	Q4 2021	Q3 2021	Q2 2021
EPS Estimate	2.24	1.78	3.25	2.11
EPS Actual	2.57	1.58	3.38	2.65
Revenue Estimate	32.54B	28.06B	33.35B	23.17B
Revenue Actual	31.86B	28.60B	33.88B	22.84B

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This article was generated by Benzinga's automated content engine and reviewed by an editor.