Investing.com - JD.com Inc Adr reported on Monday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
JD.com Inc Adr announced earnings per share of 0.54 on revenue of 170.68B. Analysts polled by Investing.com anticipated EPS of 0.46 on revenue of 166.88B. That with comparison to EPS of 0.51 on revenue of 134.83B in the same period a year before.JD.com Inc Adr had reported EPS of 2.08 on revenue of 134.84B in the previous quarter.Analysts are expecting EPS of 1.29 and revenue of 140.82B in the upcoming quarter.
JD.com Inc Adr shares are up 16% from the beginning of the year and are trading at 41.09 , down-from-52-week-high.They are outperforming the Nasdaq 100 which is down 3.69% year to date.
JD.com Inc Adr shares gained 6.37% in intra-day trade following the report.
JD.com Inc Adr follows other major Services sector earnings this month
JD.com Inc Adr's report follows an earnings beat by Alibaba ADR on Thursday, February 13, 2020, who reported EPS of 18.19 on revenue of 161.46B, compared to forecasts EPS of 15.91 on revenue of 159.7B.
Walmart had missed expectations on Tuesday, February 18, 2020 with fourth quarter EPS of 1.38 on revenue of 141.7B, compared to forecast for EPS of 1.44 on revenue of 142.54B.
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