Investing.com - Alibaba (NYSE:BABA) ADR reported on Thursday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Alibaba ADR announced earnings per share of 11.2 on revenue of 200.69B. Analysts polled by Investing.com anticipated EPS of 11.95 on revenue of 204.28B.
Alibaba ADR shares are down 30.57% from the beginning of the year and are trading at 161.58 , down-from-52-week-high.They are under-performing the EUR/USD which is down 0% from the start of the year.
Alibaba ADR follows other major Consumer Discretionary sector earnings this month
Alibaba ADR's report follows an earnings beat by Toyota Motor ADR on Thursday, November 4, 2021, who reported EPS of 3.96 on revenue of 66.4B, compared to forecasts EPS of 2.81 on revenue of 63.44B.
Amazon.com had missed expectations on Thursday, October 28, 2021 with third quarter EPS of 6.12 on revenue of 110.81B, compared to forecast for EPS of 8.9 on revenue of 111.55B.
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