![]() ![]() To read this article on click here.Alibaba (NYSE: BABA) stock is the top-trending company on Yahoo Finance today after it canceled the spinoff of its cloud unit. The Chinese e-commerce giant made the decision because it’s worried about its ability to obtain advanced chips in the wake of America’s export restrictions on top-notch semiconductors.īABA stock is down about 8% in early morning trading. (CSCO) : Free Stock Analysis ReportĪlibaba Group Holding Limited (BABA) : Free Stock Analysis ReportĪffirm Holdings, Inc. (ADI) : Free Stock Analysis ReportĬisco Systems, Inc. Click to get this free reportĪnalog Devices, Inc. ![]() Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar. The Zacks Consensus Estimate for AFRM’s loss is pegged at 50 cents per share, which is narrower than the prior-year quarter’s loss of 72 cents per share. The Zacks Consensus Estimate for CSCO’s earnings is pegged at 86 cents per share, indicating an increase of 3.61% from the prior-year period’s reported figure.Īffirm AFRM has an Earnings ESP of +23.39% and a Zacks Rank of 3 at present.Īffirm is scheduled to release third-quarter fiscal 2022 results on May 12. The Zacks Consensus Estimate for ADI’s earnings is pegged at $2.12 per share, suggesting an increase of 37.7% from the prior-year quarter’s reported figure.Ĭisco Systems CSCO has an Earnings ESP of +0.84% and a Zacks Rank #2 at present.Ĭisco Systems is set to report third-quarter fiscal 2022 results on May 18. You can see the complete list of today’s Zacks #1 Rank stocks here.Īnalog Devices is scheduled to release second-quarter fiscal 2022 results on May 18. Here are some stocks that you may consider as our model shows that these have the right combination of elements to beat on earnings this season.Īnalog Devices ADI has an Earnings ESP of +0.60% and a Zacks Rank of 2 at present. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.Īlibaba has an Earnings ESP of 0.00% and a Zacks Rank #3, currently. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. Our proven model doesn’t conclusively predict an earnings beat for Alibaba this time around. Uncertainties associated with the ongoing pandemic are anticipated to have been concerning in the quarter under review. Sluggishness in Trendyol is likely to have impacted the quarterly performance. Softness in online physical goods GMV on the Taobao and Tmall marketplaces is expected to have acted as a headwind. However, slowing demand from customers in the online entertainment and education fields is anticipated to have been a negative for the cloud business of Alibaba in the quarter to be reported. The increasing number of paying members on the platform, coupled with solid momentum across cross-border-related value-added services, is expected to have contributed well to the International commerce wholesale business's growth.Īpart from e-commerce, the company's robust cloud segment is expected to have sustained its momentum in the fiscal fourth quarter on a growing number of paying customers. Well-performing Lazada and AliExpress are likely to have aided the performance of Alibaba's International commerce retail business in the fiscal fourth quarter. The infusion of advanced technologies such as Big Data and AI into BABA's e-commerce platform is anticipated to have continued helping it deliver enhanced customer experience.Īpart from this, benefits from the Sun Art consolidation, along with a spike in the average unit price per click and solid contributions from new monetization formats, are expected to have driven growth in the China commerce retail revenues in the quarter under review. Alibaba Group Holding Limited Price and EPS SurpriseĪlibaba Group Holding Limited price-eps-surprise | Alibaba Group Holding Limited Quote Factors to ConsiderĪlibaba's strong efforts to add value to consumers and sellers through the consumer segment, product enrichment and platform innovations are expected to have driven growth in its e-commerce business in the to-be-reported quarter by driving its customer momentum. ![]()
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