Alibaba Group (BABA) is set to report 1Q20 (Jun) earnings results before the open tomorrow with a call to follow at 7:30am ET.
The current consensus for JunQ EPS is RMB 10.46 and revenue of RMB 111,653 mln.
The company has reported three EPS upside quarters in a row, including a large EPS beat in MarQ. Revenue has been more mixed as BABA reported upside in MarQ but missed slightly in the prior couple of quarters.
TECHS:
BABA has been mostly trading sideways over the past year, staying in a fairly wide range of $130-190.
The stock fell sharply earlier this month when Trump announced new tariffs on China goods.
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