The company reported adjusted earnings of 8 cents per share, above expectations of 7 cents. Revenue of $24.5 billion beat estimates of $23.9 billion and was up 26.6% from the year-ago period. JD.com earnings of 8 cents compares with 7 cents in the year-ago period.
JD.com stock surged 12.4%, closing at 43.30 on the stock market today.
The company expects revenue to increase "at least 10%" in the first quarter vs. the year-ago period, to about $19.09 billion.
"This forecast reflects JD.com's current and preliminary expectation, which is subject to change in light of uncertainties related to how Covid-19 develops," the company said.
Source investor.
JD.com stock surged 12.4%, closing at 43.30 on the stock market today.
The company expects revenue to increase "at least 10%" in the first quarter vs. the year-ago period, to about $19.09 billion.
"This forecast reflects JD.com's current and preliminary expectation, which is subject to change in light of uncertainties related to how Covid-19 develops," the company said.
Source investor.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.