JD.com, Inc. (NASDAQ:JD) is reporting third quarter financial results on Monday 16th November 2020, before market open.
According to analysts surveyed by Thomson Reuters, JD is expected to report 3Q20 income of $ 0.40 per share from revenue of $ 25697.40 million.
For the full year, analysts anticipate top line of $ 110639.00 million, while looking forward to income of $ 1.56 per share bottom line.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 25.74 billion ~ $ 27.89 billion
Click Here For More Historical Outlooks Of JD.com, Inc.
Previous Quarter Performance
JD.com, Inc. unwinded income for the second quarter of $ 0.50 per share, from the revenue of $ 28,457.00 million. The quarterly earnings improved 56.25 percent while revenues improved 32.52 percent compared with the same quarter last year.
According to street consensus, JD was expected to report 2Q20 income of $ 0.38 per share from revenue of $ 27454.50 million. The bottom line results beat street analysts by $ 0.12 or 31.58 percent, at the same time, top line results outshined analysts by $ 1,002.50 million or 3.65 percent.
Stock Performance
On Friday, shares of JD.com, Inc. has traded high as $ 92.33 and has cracked $ 88.21 on the downward trend, reaching $ 92.08 with volume of 22.85 million shares.
According to the previous trading day, closing price of $ 92.08, representing a 180.09 % increase from the 52 week low of $ 30.84 and a 6.89 % decrease over the 52 week high of $ 92.77.
The company has a market capital of $ 139.75 billion and is part of the Consumer Cyclical sector and Specialty Retail industry.
Conference Call
JD.com, Inc. will be hosting a conference call at 7:00 AM eastern time on 16th November 2020, to discuss its 3Q20 financial results with the investment community. The participants may dial, +1-855-452-5696 or +61-2-8199-0299 Toll Number, with passcode : 4162664 in order to access the live audio call. A live webcast with presentations will be available on the Internet by visiting the Company website www.jd.com
JD.com, Inc., through its subsidiaries, operates as an e-commerce company and retail infrastructure service provider in the Peoples Republic of China. It operates in two segments, JD Retail and New Businesses. The company offers home appliances; mobile handsets and other digital products; desktop, laptop, and other computers, as well as printers and other office equipment; furniture and household goods; apparel; cosmetics, personal care items, and pet products; womens shoes, bags, jewelry, and luxury goods; mens shoes, sports gears, and fitness equipment; automobiles and accessories; maternal and childcare products, toys, and musical instruments; and food, beverage, and fresh produce.
