Alibaba Group Holding Limited (BABA) June Quarter 2021 Earni...

Alibaba Group Holding Limited (BABA) June Quarter 2021 Earnings Conference Call is scheduled at 7:30 pm SGT and 7:30 am ET on August 3. You can watch the livestream by subscribing to it.   Sales and Revenue “Alibaba achieved a historic milestone of one billion annual active consumers globally in the fiscal year ended March 2021,” said Daniel Zhang, Chairman and CEO of Alibaba Group. In the March quarter of 2021, Alibaba's revenue was RMB187,395 million (US$28,602 million), an increase of 64% year-over-year. Excluding the consolidation of Sun Art starting in October 2020, Alibaba's revenue would have grown 32% year-over-year to RMB674,420 million (US$102,937 million). Annual active consumers on our China retail marketplaces was 811 million for the twelve months, an increase of 32 million from the twelve months ended December 31, 2020. Earnings Preview According to 21 analysts' estimates on Yahoo Finance, the average revenue forecast of the June quarter stands at 32.54B. The growth estimate of current quarter is 1.40%. The consensus EPS forecast for the quarter is $2.24, and the reported EPS for the same quarter last year was $2.06. What's your view on Alibaba? Feel free to comment below! Disclaimer: The live video is made available for informational purposes only. Before investing, please consult a licensed professional.