Earnings Roundup: Alibaba Beats, Six Flags Disappoints
- August 10th, 2023
- 365 views
Alibaba Group Holding Limited (NYSE: BABA), a global technology and e-commerce giant, reported first-quarter fiscal-year 2024 earnings of $2.40 per share, surpassing the consensus EPS estimate of $2.02. The company's quarterly sales stood at $32.29 billion, exceeding the analysts' projected revenue of $31.20 billion.
$BABA was trading at $98.35 in pre-market, indicating a notable increase of $3.50 (+3.69%).
Shifting focus, Six Flags Entertainment Corporation (NYSE: SIX), a well-known theme park and entertainment company, disclosed a second quarter 2023 earnings of $0.25 per share, falling short of the consensus EPS estimate of $0.78. The company's quarterly sales reached $443.71 million, slightly below the analysts' expected revenue of $459.03 million for the period.
In pre-market, $SIX was trading at $22.00, down $0.85 (-3.72%).
THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY OR DIGITAL ASSET. Please consult with a professional investment advisor before purchasing or selling any securities viewed on or mentioned herein. (Read Full Disclaimer)
Post Your Comments
Want To Find Some News?
Recent Posts
-
Treasury Targets Family Members and Associates of Maduro Regime
December 20th, 2025Herbal Works Inc. Supports President Trump's Order Easing Restriction on Cannabis
December 18th, 2025Herbal Works Inc. Plans on Expansion of Product Line in 2026
December 18th, 2025December 17th, 2025Crown Equity Holdings Inc. Announces Changes to Board of Directors
December 16th, 2025
Member Login