JD.com (NASDAQ: JD) has announced that it will be releasing its financial results for the second quarter of 2024 on Thursday 15th August 2024. The report will be made available before market open, allowing investors and analysts to evaluate the company's performance during this period.
Financial analysts on Wall Street are predicting that the enterprise is expected to report an estimated per share $0.85 profit for the current quarter. Additionally, the company is anticipated to reveal a total revenue of $40.94 billion during this period.
In the corresponding quarter of the previous year, the company's earnings report unveiled a per-share income of $0.74. Notably, the company's total revenue reached an impressive $39.71 billion during that specific period.
Wall Street analysts have revealed their projections for the company's yearly performance, with a total revenue of $159.4 billion. Furthermore, they expect the business to achieve profit of $3.39 per share during the fiscal year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Q1 2024 | $0.78 | +13.0% | 36.02 B | +1.8% |
| Q4 2023 | $0.75 | +7.1% | 43.11 B | +0.6% |
| Q3 2023 | $0.92 | +4.5% | 33.95 B | -0.8% |
| Q2 2023 | $0.74 | +21.3% | 39.71 B | -0.6% |
*Growth on year-over-year basis
JD.com (JD) shares experienced a range of $25.55 to $26.23 on a day volume of 10.11 million shares. The stock closed Thursday's regular trading session at $25.90, demonstrating a 0.88 percent drop.
