Alibaba Group Holding Q3 Adj. EPS $1.01 Misses $1.73 Estimate, Sales $40.732B Miss $41.260B Estimate

Alibaba Group Holding reported Q3 adjusted earnings per share of $1.01, missing the analyst estimate of $1.73 by 41.62%, and representing a 65.53% decrease from $2.93 per share a year ago. The company's quarterly sales were $40.732 billion, falling short of the $41.260 billion estimate by 1.28%, but showing a 6.13% increase compared to $38.381 billion in the same quarter last year.