JD.com's Q2 Earnings: Profit Margins Are Well Set To Soar 2x
JD.com delivered another quarter of growth after revenues contracted for the majority of 2023. However, Q3 revenues still came in under consensus expectations. However, JD's focus on supply chain investments and efficiency has paved the way for margin expansion, setting it apart from competitors as management believes margins can double from here. A robust buyback program that is already being executed, a solid balance sheet, and attractive single-digit valuations point to a significant upside for JD stock.
Why JD.com Stock Blasted Nearly 9% Higher on Friday
The Chinese online retailer continued to attract the bulls after its latest earnings release Thursday. A recommendation upgrade from an influential U.S. bank help push the share price skyward.
JD.com Earnings Surprise: China's Outlook Better Than Expected
Most investors are unwilling to put their capital to work in overseas markets, as it is a more intangible idea, and they will likely not have the chance to see the companies they invest in at work or in person. More than that, geopolitical tensions and cultural differences make investing in China's stock market a more complex consideration for most.
JPMorgan says this Michael Burry stock is ‘too cheap to ignore'
Apart from being one of the favorite picks of legendary investor Michael Burry, e-commerce giant JD.com (NASDAQ: JD) delivered strong Q2 earnings on August 15, prompting positive reactions from analysts, with JPMorgan analyst Andre Chang calling it “too cheap to ignore.”
JD.com shares set to rise 6.5% after earnings beat forecasts
The Hong Kong-listed shares of Chinese e-commerce group JD.com were set to jump 6.5% on Friday after it reported forecast-beating quarterly profits, helped by price cuts that lured cost-conscious consumers to its platform.
Why JD.com Stock Is Up Today
JD.com continues to grow its top and bottom lines, topping most expectations in doing so. After a three-year sell-off, investors are also increasingly pricing in this progress.
JD.com, Inc. (JD) Q2 2024 Earnings Call Transcript
JD.com, Inc. (NASDAQ:JD ) Q2 2024 Earnings Conference Call August 15, 2024 8:00 AM ET Company Participants Sean Zhang - Director of IR Sandy Xu - CEO Ian Shan - CFO Conference Call Participants Kenneth Fong - UBS Ronald Keung - Goldman Sachs Alicia Yap - Citigroup Thomas Chong - Jefferies Operator Hello, and thank you for standing by for JD.com's Second Quarter and Interim 2024 Earnings Conference Call. At this time, all participants' are in listen-only mode.
China's JD.com Nearly Doubles Profits From a Year Ago
Chinese e-commerce giant JD.com (JD) on Thursday reported second-quarter profits nearly doubled from a year ago, at a time when China's online retailers are competing to draw cautious customers as the country's economy slows.
Is It Worth Investing in JD.com (JD) Based on Wall Street's Bullish Views?
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
JD.com posts 92% increase in profits on AI-powered cost savings
JD.com's New York listed shares jumped in Thursday's pre-market session after the Chinese e-commerce giant posted a sharp increase in its profits on the back of a push to boost its efficiency using artificial intelligence.
Chinese e-commerce giant JD.com beats estimates for quarterly profit
Chinese e-commerce giant JD.com beat estimates for quarterly profit on Thursday, helped by a mid-year sales festival and aggressive price cuts that drove more cost-sensitive consumers to its platform.
2 Solid Chinese E-Commerce Companies to Keep On Your Radar
PDD's innovative business model has helped to build a huge e-commerce platform. JD has built an empire by surfing the internet trend early on and sticking with it.
