Investing.com - Jd.Com Inc Adr reported third quarter earnings that beat analysts' expectations on Friday and revenue that topped forecasts.
The firm reported earnings per share of $2.08 on revenue of $134.84B. Analysts polled by Investing.com forecast EPS of $1.21 on revenue of $128.45B. That compared to EPS of $0.8 on revenue of $104.77B in the same period a year earlier. The company had reported EPS of $2.3 on revenue of $150.28B in the previous quarter.
For the year, Jd.Com Inc Adr shares are up 60.39%, outperforming the Nasdaq which is up 30.31% year to date.
Jd.Com Inc Adr follows other major Services sector earnings this month
On Thursday, October 24, 2019, Amazon.com reported third quarter EPS of $4.23 on revenue of $69.98B, compared to forecasts of EPS of $4.61 on revenue of $68.83B.
Alibaba ADR earnings beat analyst's expectations on Friday, November 1, 2019, with second quarter EPS of $13.1 on revenue of $119.02B. Investing.com analysts expected EPS of $10.75 on revenue of $116.96B
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