Scalper1 News
Several analysts recently initiated coverage of Alibaba Group (BABA), ahead of its Q3 earnings due before the open Tuesday, with buy or equivalent ratings. Analysts polled by Thomson Reuters expected revenue of $2.6 billion and earnings per share minus items of 45 cents for the China e-commerce leader’s fiscal second quarter ended Sept. 30. RBC Capital Markets, in a research report, expected 49% growth in revenue for Alibaba from the year-earlier Scalper1 News
Scalper1 News