- Alibaba (NYSE:BABA) will report fiscal Q4 results before the bell tomorrow with analysts expecting RMB180.40 billion in revenue and adjusted earnings per American depositary receipts of RMB11.57.
- The report comes amid heightened antitrust scrutiny in China, which led to Alibaba receiving a record $2.8B fine last month. Financial impact and structural changes related to the regulatory crackdown, if any, would be key takeaways.
- Core commerce sales are expected to come in at RMB152.95 billion. Cloud revenue is expected to come in at RMB18.14 billion.
- Mobile MAUs are expected to come in at 923.5M compared to the 902M in FQ3.
- Last quarter, Alibaba's core commerce sales were up 38% on the year to RMB195.54B, driving the FQ3 beats. Cloud revenue grew 50% but fell short of estimates, and the Cloud business achieved EBITDA profitability for the first time.