Alibaba's Q1 Results: Revenue Miss, Earnings Beat
Alibaba's ADR Price Holds Steady
Alibaba's ADR price has been resilient, holding steady at the 80 level.
This is in line with our previous analysis, which suggested that the stock was undervalued.
Despite the slight revenue miss, Alibaba's robust earnings outperformance highlighted the company's consistent earnings growth.
Alibaba's Q1 Earnings Results
Alibaba Group Holding Limited (NYSE: BABA) reported its first-quarter 2025 earnings results on August 2, 2024.
The company reported revenue of $34.53 billion, slightly missing analysts' estimates of $34.63 billion.
However, Alibaba's earnings per share (EPS) of $3.11 beat analysts' estimates of $2.93.
Alibaba's Stock Buyback Program
Alibaba has been actively buying back its stock ahead of earnings.
This has helped to support the stock price and shows that the company is confident in its future prospects.
Alibaba's Outlook
Alibaba's most recent results marked a return to growth and set the stage for a robust FY2025.
The company is well-positioned to continue growing its market share in China and the rest of the world.
Alibaba's long-term growth prospects remain strong.
Conclusion
Alibaba's Q1 results were a mixed bag, with a revenue miss but an earnings beat.
However, the company's stock price has held steady, and its long-term growth prospects remain strong.
Alibaba is a well-positioned company in a rapidly growing market, and it is a good investment for long-term investors.
Sources
- Alibaba Investor Relations site
- Alibaba Group Holding Limited (NYSE:BABA) Q1 2023 Earnings Call Transcript
Komentar