Earnings Roundup: Alibaba Beats, Six Flags Disappoints
- August 10th, 2023
- 470 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
-
FTC Takes Action to Prevent Anticompetitive Arrangement in Beretta, Ruger Deal
September 16th, 2026Why Opponent Preparation Matters for Post-Graduate Athletes
September 16th, 2026The Work Behind the Game: How Football Teams Prepare to Compete
September 15th, 2026NJCP Operates on a Prep Model Built Around a Full Season
September 14th, 2026Earnings Preview: High Tide, Kestra Medical, and RF Industries in Focus
September 12th, 2026
Member Login