ADR Earnings Miss, Revenue Beats In Q2

This post was originally published on this site ADR announced earnings per share of -3.24 on revenue of 2.38B. Analysts polled by anticipated EPS of -3.12 on revenue of 2.37B. ADR shares are down 8.59% from the beginning of the year, still down 21.28% from its 52 week high of 38.95 set on January 17. They are under-performing the Nasdaq 100 which is up 33.08% from the start of the year. ADR’s report follows an earnings beat by Alibaba ADR on August 20, who reported EPS of 14.82 on revenue of 153.75B, compared to forecasts EPS of 13.82 on revenue of 148B.

Walmart had beat expectations on August 18 with second quarter EPS of 1.56 on revenue of 137.7B, compared to forecast for EPS of 1.25 on revenue of 135.57B.

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