JD.com: Q2 Earnings Insights

Shares of JD.com JD rose 3.2% in pre-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share were up 51.52% over the past year to $0.50, which beat the estimate of $0.38.

Revenue of $28,457,000,000 higher by 29.99% from the same period last year, which beat the estimate of $27,450,000,000.

Guidance

JD.com hasn't issued any earnings guidance for the time being.

JD.com hasn't issued any revenue guidance for the time being.

Details Of The Call

Date: Aug 17, 2020

Time: 07:30 AM

ET Webcast URL: https://apac.directeventreg.com/der/toRegistration.action

Recent Stock Performance

52-week high: $69.18

52-week low: $27.47

Price action over last quarter: Up 13.06%

Company Overview

JD.com is China's second- largest e-commerce company after Alibaba in terms of transaction volume, offering a wide selection of authentic products at competitive prices, with speedy and reliable delivery. The company has built its own nationwide fulfilment infrastructure and last-mile delivery network, staffed by its own employees, which supports both its online direct sales and its online marketplace businesses. JD.com launched its online marketplace business in 2010.

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Posted In: EarningsNews
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