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Benzinga
Benzinga
Business
Avi Kapoor

Top Wall Street Forecasters Revamp Alibaba Expectations Ahead Of Q1 Earnings

BABA Alibaba
Two,Diverse,Crypto,Traders,Brokers,Stock,Exchange,Market,Investors,Discussing

Alibaba Group Holding Limited (NYSE:BABA) will release earnings results for the first quarter, before the opening bell on Friday, Aug. 29.

Analysts expect the Hong Kong-based company to report quarterly earnings at $1.95 per share, down from $2.26 per share in the year-ago period. Alibaba projects to report quarterly revenue at $34.26 billion, compared to $33.47 billion a year earlier, according to data from Benzinga Pro.

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