Company Earnings UpdateAlibaba (NYSE: BABA) 1Q20 Results: EPS Beats Estimates, Strong Revenue Growth Driven by China Marketplaces and Cloud Segment Coresight Research August 18, 2019 Executive Summary Alibaba reported 1Q20 revenue of ¥114.9 billion ($16.7 billion), up 42.0% year over year but below the consensus estimate of ¥115.6 billion. 1Q20 revenue came in below the consensus estimate of ¥115.6 billion, while non-GAAP diluted EPS of ¥12.55 beat the consensus estimate of ¥10.28. The company remains confident to deliver robust growth despite economic uncertainty, given China’s growing middle class, urbanization in lower-tier cities and rapid expansion of digitalization. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: High-Income Consumers Turn Optimistic About Economy: Weekly US Consumer Sentiment, Week 18, 2025—InfographicNRF 2025: Retail’s Big Show Wrap-Up—The Future of Retail Will Be Driven by AI, Innovation and a Commitment to SustainabilityUS Store Openings and Closures Midyear 2025 Review and Outlook: Where Does Retail Real Estate Stand in a Year of Disruption? InfographicCanada Store Openings and Closures Tracker 2025: Best Buy, Dollarama and Loblaw Companies Lead Openings at the Start of the Year
