Article By:
Zacks Investment Research
Friday, February 14, 2020 3:15 PM EDT
Alibaba Group Holding Limited reported third-quarter fiscal 2020 (ended Dec 31, 2019) earnings of $2.61 per ADS, surpassing the Zacks Consensus Estimate by 16%. Also, the bottom line increased 49% year over year. We rank BABA a buy.