Fam Wencong, Kenneth

My Diary

Alibaba 13 Feb Earnings Release

Published: Saturday, February 15, 2020

Alibaba (BABA) reported earnings 13 Feb 2020. Diluted earnings per ADS was RMB19.55 (US$2.81) and non-GAAP diluted earnings per ADS was RMB18.19 (US$2.61). This is way above my estimates of an average 2020 quarterly EPS estimate of 1.32. Maintain BUY.

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