Trending: Alibaba 2Q Earnings Beat Expectations

Dow Jones11-16 00:20

11:20 ET -- Alibaba is one of the most mentioned companies in the U.S. across all news items in the past 12 hours, according to Factiva data. Alibaba's adjusted earnings per American-listed share were 15.06 yuan ($2.15) on sales of 236.5 billion ($33.7 billion) yuan for the second quarter. While earnings beat estimates, revenue fell short of expectations. Analysts were looking for adjusted earnings of 14.82 yuan a share on sales of 239.5 billion yuan, according to FactSet. Dow Jones & Co. owns Factiva. (chris.wack@wsj.com)

 

(END) Dow Jones Newswires

November 15, 2024 11:20 ET (16:20 GMT)

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