Factors Likely To Decide JD.com's (JD) Fate In Q3 Earnings
Zacks Investment Research | Nov 12, 2019 09:26PM ET
JD.com, Inc. (NASDAQ:JD) is slated to report third-quarter 2019 results on Nov 15.
For third-quarter 2019, the Zacks Consensus Estimate for earnings has remained stable at 18 cents over the past 30 days. The figure indicates growth of 50% from the year-ago reported figure.
Moreover, the consensus mark for revenues is pegged at $18.4 billion, implying growth of 20.6% from the year-ago reported figure.
The company surpassed estimates in all the trailing four quarters, recording average positive earnings surprise of 186.38%.
Performance in the Last Reported Quarter
JD.com reported third-quarter revenues of RMB 150.3 billion ($21.9 billion), surpassing the Zacks Consensus Estimate of $21.7 billion.
Earnings of 33 cents per share surpassed the Zacks Consensus Estimate by 24 cents. The figure also improved 22.9% year over year.
Let's see how things have shaped up prior to this announcement.
JD.com, Inc. Price and EPS Surprise
Get The News You Want
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.